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Dave

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Digital banking app Dave suffered a data breach in June 2020, exposing 7.5 million user records with sensitive personal information.

Records exposed
2,964,182 records
Breach date
Breach Jun 28, 2020
Last update
Updated Jul 27, 2020

What data was exposed?

Fields reported as compromised in this breach record.

Dates of birthEmail addressesNamesPasswordsPhone numbersPhysical addressesSocial security numbers

Why does this breach matter?

In-depth analysis of the breach and its implications.

In June 2020, the financial services company and digital banking application Dave experienced a significant data breach. The breach resulted in the exposure of approximately 7.5 million records containing details such as names, email addresses, physical addresses, phone numbers, dates of birth, encrypted social security numbers, and passwords secured using bcrypt hashing. The stolen data was later published on a hacking forum, raising concerns about its misuse. The breach was identified thanks to collaboration with dehashed.com and documented for public awareness.

Impact Analysis

Understanding the scope and consequences of this breach.

User Impact
Users may face potential identity theft or phishing scams due to the exposure of sensitive information.
Business Impact
Dave encountered reputational damage and required strategic measures to regain customer trust and reinforce system security.
Affected Sectors
  • Financial Services
Geographic Impact
  • Global

What You Should Do

Recommended actions to take in response to this breach.

If You Were Affected

  • Change your password associated with Dave to a strong, unique one.
  • Monitor your accounts for unauthorized activity.
  • Consider placing a fraud alert on your credit file.

Preventive Measures

  • Use unique passwords for each online service.
  • Enable two-factor authentication on all accounts.
  • Govern companies with robust customer data protection and regular vulnerability assessments.

Frequently Asked Questions

Common questions about this breach and what it means for you.

There is no indication of payment or financial transaction data exposure.