Scalable Capital

A data protection breach at Scalable Capital resulted in the theft of sensitive information, including the identification, tax, and account information of about 20,000 clients.

A letter that stated there had been an unauthorized access to private client information in its document archive was used to notify the impacted clients of the issue.

The company claimed that during the incident, access was made to contact information, securities accounts, tax identity numbers, accounts with other banks, and ID details.

Since there is no externally exploitable security hole in its system, the robo-adviser believes the leak was caused by extensive insider knowledge.

Source: https://international-adviser.com/robo-advice-firm-suffers-data-breach/

"id": "SCA0408523",
"linkid": "scalable-capital",
"type": "Breach",
"date": "10/2020",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"