Betterment Confirms Data Breach After Crypto Scam Emails
🔒 Betterment confirmed a breach after an attacker used a third-party marketing platform to send fraudulent crypto reward emails to a subset of customers on January 9. The messages, sent from the legitimate subdomain address 'support@e.betterment.com', claimed to triple Bitcoin and Ethereum deposits and included wallet addresses and large deposit deadlines. The actor accessed customer contact data (names, emails, physical addresses, phone numbers, dates of birth) but did not access customer accounts or expose account credentials. Betterment removed the unauthorized access, warned customers, and said it will publish a post-mortem while strengthening defenses against social engineering.
