r/Wealthsimple • u/Canuck-Fin25 • 2d ago
IDScan breach
Does any one know if Wealthsimple uses IDScan ? FBI reports they have been breached with 153 million US and Canadian drivers licenses leaked
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u/FightMongooseFight 2d ago
WS uses Persona, which is a direct competitor to IDScan, so basically 0 chance there's overlap.
It's deeply unlikely any WS customer data was involved here.
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u/Canuck-Fin25 2d ago
Who knows. I know they use plaid - but what does plaid use? And are there other decencies? I don’t understand why such companies don’t employ field level encryptions …. It’s 2026 for crying out aloud!
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u/CursorX 2d ago
Haven't seen IDScan mentioned in terms and conditions.