. According to the neobank, the breach originated on the network of Waydev, an analytics platform it formerly partnered with, through which a malicious party reportedly gained unauthorized access to certain user data — including names, phone numbers, emails, birth dates, and home addresses — and is selling it on a hacking forum.Business Insider Intelligence
Breached data also includes users' Social Security numbers and passwords — but the neobank says these details are encrypted. Dave said that there's currently no evidence that suggests hackers used the data to gain access to user accounts and execute any unauthorized actions. The neobank notified customers of the incident and is carrying out an ongoing investigation.
A data breach could be particularly damaging to the neobank as it's early on in its growth. Dave started as a personal finance management platform — which counts 7 million users — and since expanded with the launch of Dave Banking, which it started The account offers $100 in overdraft coverage, with no interest rates regardless of credit score.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
12 US cities to start a business that aren't NYC or Silicon Valley - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I hate pay walls! I know reporters do not work for free and it cost money to maintain websites, print publications and your business model. This makes me a horrible consumer, why do I want/feel entitled to your work for FREE? I need to think about this. MondayBlues PayWall
Source: BusinessInsider - 🏆 729. / 51 Read more »
12 US cities to start a business that aren't NYC or Silicon Valley - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Influencer marketing metrics on Instagram, performance data explained - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Uber drivers fight for employment rights and access to their data - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Herman Cain is still hospitalized with COVID-19 over 3 weeks after his diagnosis - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I am sorry - but this guy should be thrown onto the street, and the bed should be made available to people that follow CDC recommendations. Outside of his family of course, does anyone really care? He chose opinions over science. If he makes it, let’s see if he keeps that same energy.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Congress must extend $600 a week unemployment benefits, help communities of color - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ArnabDatta321 IndivarD No deal in Congress will be made if they don’t extend it ArnabDatta321 IndivarD Why just color?!? Why not Americans?!? Divisive again by media. ArnabDatta321 IndivarD Find another way to help the unemployed. They may have backed up bills.
Source: BusinessInsider - 🏆 729. / 51 Read more »