Betterment confirms data breach after wave of crypto scam emails
U.S. digital investment advisor Betterment confirmed that hackers breached its systems and sent fake crypto-related messages to some customers.
The threat actor last week delivered fraudulent emails from Betterment infrastructure, luring recipients into a reward scam disguised as a company promotion that claimed to triple the amount of cryptocurrency sent to a specific address.
The company has more than one million customers, for whom it manages $65 billion in various assets. The platform is a mix between automated investment and financial advice services, and is considered one of the pioneers in the U.S. “robo-advisory” sector.
Crypto scam
On January 9, an attacker gained access to a third-party software platform…
