Dave Information Breach Affects 7.5 Million Customers, Leaked On Hacker Forum
Overdraft protection and money advance solution Dave has suffered an information breach following a database containing 7.5 million individual documents ended up being offered in a auction and then released later on 100% free on hacker discussion boards.
Dave is really a fintech company that enables users to link their bank reports and enjoy cash improvements for future bills in order to prevent overdraft charges. Customers whom require extra cash to cover a bill will get a payday loan as much as $100, but cannot get another loan until it really is paid back.
A actor that is threat a database containing 7,516,691 users records free of charge on a hacker forum on Friday.
After reaching off to Dave regarding their database being released, Dave disclosed the incident being a information breach the next day.
A former third-party service provider used by the company was breached in a statement sent to BleepingComputer last night, Dave says their database was breached after Waydev.
“As the consequence of a breach at Waydev, certainly one of Dave’s former 3rd party providers, a malicious party recently gained unauthorized use of particular individual information at Dave, including individual passwords which were kept in hashed kind, utilizing bcrypt, an industry-recognized hashing algorithm.”
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