1News.Co.Nz DriveWealth Cyber Breach Exposes Investor Data for Hatch and Stake Users
Article Content
- •DriveWealth experienced a cybersecurity breach affecting Hatch and Stake customers.
- •Personal data potentially exposed includes names, addresses, and financial information.
- •No passwords were compromised, and trading accounts remain secure.
A cybersecurity incident involving DriveWealth, a US brokerage partner for investment platforms Hatch and Stake, has potentially exposed personal information of their customers. The breach occurred on September 4 and 5, 2026, when unauthorized access to DriveWealth's systems was detected. Affected data may include names, addresses, phone numbers, email addresses, and investor profile information such as income and net assets, but no passwords were compromised. Both Hatch and Stake have notified their customers about the breach and advised them to be cautious of potential phishing scams. DriveWealth has stated that its investigation is ongoing and that no unauthorized trading or account access occurred. Customers are being directly informed about the specific information that may have been compromised. The breach affects users in New Zealand and Australia who utilize these investment platforms to access US markets.
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