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Cybersecurity Incident

fred_b
  |     |   172 posts since 2022

I just got an email from BILT (a credit card issued by Wells Fargo) stating:

We were recently made aware of a cyber incident with a bank, Evolve Bank & Trust (“Evolve”), that provides services to several large financial services platforms including Bilt, Affirm, Shopify, Mercury, Plaid, Mastercard, Visa, Stripe and others. Given Bilt’s payments platform uses services from Evolve and some of these listed companies, we wanted to inform you as soon as possible.

According to Evolve, this incident may have compromised some of your personal information that Evolve had on record. The bank has said that this incident has been contained and there is no ongoing threat. At this time, we have no definitive proof that your personal information was impacted by this incident and we are providing you this notice out of an abundance of caution.

Rest assured, your Bilt account credentials and password were not exposed and there have been no disruptions to Bilt’s operations.

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w00d00w
  |     |   360 posts since 2012
"The Journal" podcast had an episode on June 25 about Bilt titled "The Unusual Economics of the Bilt Credit Card." According to the story, Wells Fargo is trying to re-negotiate the terms with Bilt to stem losses on the deal which runs through 2029.
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