News24 | EasyEquities puts its 3 m clients on alert after ‘cybersecurity incident’
Purple Group and EasyEquities CEO Charles Savage. Purple Group owns EasyEquities.
Supplied/Purple Group
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Share trading platform provider EasyEquities has warned clients not to share personal or account information and not to click on suspicious links should they receive any purporting to be from EasyEquities.
The warning comes in an overnight email sent to EasyEquities clients. It said in the email it “uses a third-party service provider to conduct verification checks in line with regulatory obligations. We are writing to inform you that this third-party service provider has experienced a cybersecurity incident potentially affecting customer information.”
The group has completed an internal investigation and “found no evidence that any EasyEquities or Purple Group systems have been compromised, and there has been no impact on your account’s security or your ability to invest.”
According to the company’s interim results, released in April, it has about 3 million clients in SA, Australia and the Philippines who have collectively invested R100 billion with the company. EasyEquities is a subsidiary of the listed company Purple Group, which is valued at about R2.9 billion. Purple Group also owns EasyCrypto, EasyProperties, and the retirement savings platform Rise.
EasyEquities awaits the final findings of the third party’s investigation, after which it says it will “provide further communication if necessary or required”.
“As a precaution, please remain alert to any unsolicited emails, calls or messages claiming to be from any unknown entity or EasyEquities that request personal or account information. Do not click on suspicious links or share details with unknown parties. If you are contacted directly by anyone claiming to hold your data as part of this incident, please do not engage and let us know immediately.”
An EasyEquities spokesperson has not yet responded to requests for further information.
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