Strauss Borrelli PLLC, a leading data breach law firm, is investigating Wise US, Inc. (“Wise”) regarding its recent data breach. The Wise data breach may have involved sensitive personal identifiable information belonging to an undetermined number of individuals.
ABOUT WISE US, INC.:
Wise is a global financial technology company based in London. Founded in 2011, Wise launched with the vision of making international money transfers cheap, fair, and simple.2 With a Wise account people and businesses can hold 40+ currencies, move money between countries and spend money abroad.3 Today, 16 million people and businesses use Wise globally, which processes £9 billion in cross-border transactions every month, saving customers around £1.5 billion a year.3 Globally headquartered in London, United Kingdom, Wise’s United States headquarters is in New York City and it employs over 1,000 individuals.
WHAT HAPPENED?
Recently, Wise discovered that its financial technology partner, Evolve Bank and Trust (“Evolve”) had experienced a data breach in which an unauthorized third party gained access to portions of its information environment. On June 28, 2024, Wise posted a notice of the breach on its website saying, “Evolve Bank & Trust is a regulated bank that we worked with from 2020 until 2023 to provide USD account details. They’ve recently been affected by a data breach and some Wise customers’ personal information may have been involved. We’ll be emailing all Wise customers who we think may have been affected by this data breach directly. For Evolve Bank & Trust to provide USD account details to Wise customers, they were required to hold identifying information. The information that we shared with Evolve Bank & Trust to provide USD account details included name, address, date of birth, contact details, SSN or EIN for US customers, or another identity document number for non-US customers.”1 As of July 3, 2024, neither Wise nor Evolve has disclosed the specific type of data that was impacted in this data breach.
If you believe that you have been impacted by the Wise US, Inc. data breach:
We would like to speak with you about your rights and potential legal remedies in response to this data breach. Please fill out the form, below, or contact us at 872.263.1100 or sam@straussborrelli.com.
