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Wealthsimple says personal client data accessed in security breach

Wealthsimple contained the breach within hours and is providing affected clients with two years of free credit monitoring, identity theft protection, and insurance.

  • Wealthsimple, a Toronto-based online bank and investment firm, says a recent cybersecurity breach exposed sensitive client information, including Social Insurance Numbers and account numbers.
  • The breach was linked to a compromised software package built by a trusted third-party vendor and was detected on August 30.
  • Affected clients are being offered two years of free credit monitoring, dark web surveillance, identity theft protection, and insurance, and Wealthsimple has strengthened its internal systems since the incident.
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BleepingComputer broke the news in on Friday, September 5, 2025.
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