Data Breach Notifications

Entity Information

  • Type of Organization: Financial Services
  • Entity Name: Wealthsimple US, Ltd.
  • Street Address: 20 Jay Street
  • City: Brooklyn
  • State, or Country if outside the US: NY
  • Zip Code: 11050

Submitted By

  • Name: Naomi Kantrowitz
  • Title: Chief Compliance Officer
  • Firm name (if different than entity):
  • Telephone Number: 855-510-8948
  • Email Address: nkantrowitz@wealthsimple.com
  • Relationship to entity whose information was compromised: Employee

Breach Information

  • Total number of persons affected (including residents): 58
  • Total number of Maine residents affected: 1
  • If the number of Maine residents exceeds 1,000, have the consumer reporting agencies been notified:
  • Date(s) Breach Occured: 10/17/2020
  • Date Breach Discovered: 11/11/2020
  • Description of the Breach:
    • External system breach (hacking)
  • Information Acquired - Name or other personal identifier in combination with: Financial Account Number or Credit/Debit Card Number (in combination with security code, access code, password or PIN for the account)

Notification and Protection Services

  • Type of Notification: Electronic
  • Date(s) of consumer notification: 11/16/2020
  • Copy of notice to affected Maine residents: Customer notice_botnet Nov 16.pdf
  • Date of any previous (within 12 months) breach notifications:
  • Were identity theft protection services offered: Yes
  • If yes, please provide the duration, the provider of the service and a brief description of the service: 24 months of credit monitoring by TransUnion including access to credit report, monitoring alerts, identity theft insurance and educational resources.