Dave 2020 Data Breach

Dave Digital Banking App Breach (2020): 3 Million Customer Records Including SSN & Home Address Exposed

Platform · Personal finance and banking tools · Fintech app · USA

Dave Digital Banking App Breach (2020): 3 Million Customer Records Including SSN & Home Address Exposed

Financial services app offering banking and cash advances.

Confirmed · ObscureIQ Intelligence
Breach Risk Index i
24/100
Lower riskHigher risk
Lower: limited current risk based on data value and recency.
Data Sensitivity i
Standard
Exposed data is largely lower-sensitivity. Standard identity-protection precautions are advised.
3.0MRecords
2020Year

The Breach Risk Index (BRI) is a proprietary 0–100 score rating how dangerous a breach is right now, based on how recently the data has been circulating on the dark web and how valuable it is to attackers.

Crucial data exposed
SSNSocial Security Number
AddressPhysical address
Classification Tags
Third-Party VendorFinancial ServicesFintechDirect Customers2020

Breach Summary

In June 2020, the fintech app Dave suffered a data breach that surfaced on a hacking forum, exposing 7.5 million rows resolving to about 3 million unique users. Dave traced it to Waydev, a former third-party analytics provider. Exposed data included names, email addresses, dates of birth, phone numbers, physical addresses, and passwords stored as bcrypt hashes. Social Security numbers were present but encrypted; bank account/card numbers and financial transactions were not affected.

Full threat analysis, exploitation vectors, and principal guidance below.

9 additional sections · verified field analysis · defensive doctrine

Querying breach corpus…
Cross-referencing exposed field types…
Resolving threat-actor attribution…
Compiling principal risk advisory…

3.0M records analyzed

About Dave

Dave is a US fintech / digital-banking app offering cash advances and banking services.

Why They Hold Your Data

Fintech apps collect user identity, bank-linkage data, contact records, income or cash-flow data, device information, and account activity tied to budgeting, cash advances, and banking-style tools.

Data Points Exposed

7 verified field types
Date of Birth High
Email Address
Full Name
Password High
Phone Number
Physical address High
Social Security Number Critical

Breach Impact

Identity and contact data with DOB supports identity-fraud and phishing; bcrypt and SSN encryption limited the most severe exposure. Illustrates OAuth-token supply-chain risk via a data-analytics vendor (same vendor as Teespring).

Exploitation & Downstream Threats

• Credential stuffing against reused passwords across other platforms | • Identity theft and synthetic identity construction using government-issued IDs | • Identity verification bypass using name + date of birth combination | • SIM swap attacks where phone numbers are present | • Targeted phishing campaigns using exposed email addresses | • Doxxing risk from physical address exposure

Principal Risk Advisory

What this means for a principal

A financial-institution breach: account, wealth or payment data supports direct fraud and highly credible financial-impersonation scams. For a high-profile principal this is targeting-grade, not merely identity-theft-grade: the combination lets an adversary locate, impersonate, or pressure the principal with little additional work.

What You Should Do

  1. Treat the home address as exposed: review mail and package handling and physical-security routines, and brief household staff to verify unusual requests.
  2. Reset any reused passwords and enable MFA on email first, then financial accounts.
  3. Guard against SIM-swap and vishing: add a carrier port-out PIN and verify any 'support' calls independently.
  4. Do not use unofficial 'am I affected' lookups; several are themselves harvesting operations.

How ObscureIQ Can Help

  1. Corpus confirmation: determine whether and where the principal (plus household and staff) appear in this dataset and which specific fields are exposed for them.
  2. Exposure mapping and footprint neutralization: cross-reference against broker-available data and suppress still-removable elements, prioritizing address and phone, since this record re-seeds broker networks.
  3. ThreatWatch tuned to this incident's identifiers and misuse pattern (impersonation and targeting patterns, not generic credential monitoring).

Protect Yourself

Check If You're Affected

Enter your email to check whether your data appears in this breach. We’ll send a 6-digit code to confirm it’s your address.

Get Free Breach Alerts

Be the first to know when new breaches are disclosed. Free forever — confirm your email with a 6-digit code.

High-Risk? Get an Exposure Audit

Executives, public figures, and high-visibility operators can receive tailored exposure intelligence and hardening guidance.

Request Consultation