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company

DriveWealth

US brokerage firm that provides trading and custody infrastructure to consumer investing apps and digital banks.

Current clusters

invest2 publishers

DriveWealth's September intrusion exposes customer data at Stake in Australia and Hatch in New Zealand

DriveWealth's systems were accessed on 4 and 5 September, exposing contact details and account balances of Stake and Hatch customers, the brokers say. Stake says DriveWealth serves several Australian platforms, so one intrusion reaches customers of competing apps.

Reality

Evidence55
Adoption
Insufficient
Hype gap+10
Incentives65
Confidence55
invest1 publisher

DriveWealth's breach reached Revolut customer records up to 33 months after Revolut stopped sending them

DriveWealth's September breach reached records on Revolut's UK, EEA and Australian customers that Revolut stopped sending 15 to 33 months earlier. Revolut's new trading model cut off fresh transfers but left older copies with the broker, where an intrusion could still reach them.

Reality

Evidence45
Adoption
Insufficient
Hype gap+10
Incentives60
Confidence50