Affirm cardholders beware! Data breach at Evolve Bank, the issuer of Affirm credit cards, may expose personal information. Learn what details could be at risk, what to do to protect yourself, and how to stay informed. (adsbygoogle = window.
adsbygoogle || []).push({}); Affirm cardholders are being urged to remain cautious after US-based financial technology firm Affirm Holdings (AFRM) confirmed a potential third-party data breach impacting their customers. The concern stems from a cyberattack on Evolve Bank and Trust (EBT), the third-party issuer of Affirm credit cards.
While the exact scope of the breach remains under investigation, Reuters reports that customer data was illegally released on the dark web. According to Bloomberg , EBT’s data was posted on the LockBit 3.0 cybercrime group’s dark web site on June 25 th after which the bank disclosed the incident on June 26 th .
The buy-now, pay-later (BNPL) services provider, Affirm, released a statement on July 1 st , explaining that it is investigating a “cybersecurity incident” involving EBT, assuring that their own systems were not compromised in the attack and Affirm cardholders can continue using their cards as usual. “Evolve Bank disclosed that it suffered a cybersecurity incident in which a cybercriminal organization illegally accessed and obtained some personal information of Evolve retail bank customers and those of its financial technology partners, which includes Affirm,” the company noted. Affirm also c.
