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Stake - A Breach at the Broker Behind the Broker, and the Closed Accounts Still on File
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Sydney-based investing platform Stake has told customers that a breach at its US broker partner, DriveWealth, exposed personal and account information that Stake shares with DriveWealth to open US trading accounts. Stake's own systems, app and website were not affected. Revolut and New Zealand's Hatch customers were caught up in the same incident.
Timeline. 4–5 September (US) — unauthorised access to DriveWealth's network via what DriveWealth calls a "sophisticated social engineering…
The skinny
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