Fintech

BlackRock-backed robo-adviser scrambles to reassure customers after data breach

Scalable Capital wrote to customers to inform them that roughly 20,000 customers in Germany and the UK had been affected

Tuesday 27 October 2020 at 15:07

BlackRock-backed robo-adviser scrambles to reassure customers after data breach

Putting cryptocurrency exchanges to one side, fintech firms have had a perhaps surprisingly easy run on the cyber-security front.

That is why it came as quite a shock last week when BlackRock-backed robo-adviser Scalable Capital announced it had suffered a data breach.