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InvestmentsMillions of Client Names and Emails Stolen in Robinhood Security Attack –...

Millions of Client Names and Emails Stolen in Robinhood Security Attack – Financial Data and Assets Safe By DailyCoin


Millions of Client Names and Emails Stolen in Robinhood Security Attack – Financial Data and Assets Safe

On Monday, cell app digital trade Robinhood (NASDAQ:) posted an announcement on its weblog website that it skilled a safety breach final Wednesday, Nov. 3 affecting greater than 7 million members. The Robinhood put up states that the assault has been contained and that its investigation discovered that there was no exfiltration of monetary knowledge, held property, or Social Security numbers.

The cyberattack began when a rogue third-party manipulated a Robinhood buyer assist worker by telephone. Using social engineering ways, the person obtained unauthorized entry to varied buyer assist programs and shopper databases. The scanner downloaded a knowledge panel comprising e-mail addresses for 5 million individuals, and full names of two million different individuals.in a distinct knowledge set.

“As a Safety First company, we owe it to our customers to be transparent and act with integrity,”
mentioned Robinhood Chief Security Officer Caleb Sima.

“Following a diligent review, putting the entire Robinhood community on notice of this incident now is the right thing to do.”
The Robinhood info safety workforce disclosed that after the cyber menace was contained, the attackers despatched a communique demanding an extortion fee. Robinhood didn’t affirm whether or not they paid the ransom, however they did contact legislation enforcement officers. The digital trade firm additionally confirmed that their investigation is ongoing, and they’ve engaged the providers of a number one outdoors safety agency.

On The Flipside

  • Robinhood’s inventory (HOOD) closed down almost 3.5 % following the information, the broader market was solely down 0.3 %.

Why You Should Care?

If you employ Robinhood contact their assist workforce as quickly as doable. Hundreds of accounts had extra detailed knowledge stolen. Make positive you weren’t one of these people.

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