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Wealthsimple suffers a supply chain data breach
Canadian investment company Wealthsimple disclosed a data breach affecting less than 1% of customers through a compromised third-party software package. The August 30 incident exposed personal information, including contact details, government IDs, Social Insurance Numbers, and financial account numbers. The company contained the breach within hours and confirmed that no funds were accessed, stolen, or passwords compromised. Affected customers receive free credit monitoring and identity theft protection services from the firm, which manages over C$84 billion in assets.
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