Robo-advice firm suffers data breach

Cristian Angeloni reports:

Germany-headquartered online advisory firm Scalable Capital has fallen victim to a data leak. 

According to local newspaper Merkur, the fintech company has suffered a “data protection incident” which saw confidential data being stolen. 

The clients affected were informed of the incident in a letter which claimed there had been an “unlawful access” of confidential client information in its document archive. 

Read more on International Adviser.

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