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Confidence MediumSep 5, 2025wealthsimple.com

Financial services firm Wealthsimple discloses data breach

PatternExternal actor · Hacking · Confidentiality impact

Wealthsimple, a Canadian fintech firm, disclosed a data breach affecting less than 1% of its clients. The breach, detected on August 30, 2025, was traced to a compromised third-party software package. Exposed data included contact details, government-issued IDs, financial account numbers, Social Insurance Numbers (SINs), dates of birth, and IP addresses. No funds or passwords were compromised, and all customer accounts remained secure. The company notified impacted customers and offered two years of complimentary credit monitoring, dark-web monitoring, identity theft protection, and insurance.

Signal date
Sep 5, 2025
Updated
Jun 25, 2026
Confidence
Medium
Sources
2 sources
wealthsimple.com logo

Wealthsimple

Sector
Information
Signals
1 linked

Signal context

First seen: Sep 5, 2025

Last updated: Jun 25, 2026

Status: Public signal

Key points

  • Affected users: Less than 1% of Wealthsimple's client base, estimated to be approximately 30,000 individuals.
  • Data exposed: Contact details, government-issued IDs, financial account numbers, Social Insurance Numbers (SINs), dates of birth, and IP addresses. No funds or passwords were compromised.
  • Cause: Compromised third-party software package (supply chain attack).

Signal analysis

Beta

This analysis groups the signal by industry, likely incident action and impacted security area. It helps compare this signal with other published signals without treating the labels as final determinations.

Affected organization
Wealthsimple logo
Wealthsimple

Sector: Information

Likely country: Location not provided

Estimated
Threat source
Hacking activity

Watch internet-facing systems, credential abuse and exploit activity.

  • Source type: outside the affected organization
Business impact
Potential data exposure

Impact area: Confidentiality

Likely asset: User or customer data

Trend context
69 signals with similar action pattern
  • 26 signals in the same sector
  • 90 signals with the same likely impact area
  • 1 signal linked to this organization/domain
Mentioned entities
WealthsimpleData DisclosureFinancialWealthsimpleCanadianExposedIDsSocial Insurance NumbersSINsAffected

External sources

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