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Robinhood Records Breach Exposes 7 Million Prospects’ Deepest Data

Data @andrew_andrew__ Nov 8, 2021, 5: 37 pm EST | 1 min learn RobinhoodThe favored Robinhood stock trading app suffered a excessive data breach on November third. In response to a weblog put up from the firm, around 7 million customers had been affected, and hackers managed to abolish the stout names, ZIP codes, and…

Robinhood Records Breach Exposes 7 Million Prospects’ Deepest Data
Data



@andrew_andrew__




| 1 min learn

The Robinhood trading app on three phones.
Robinhood

The favored Robinhood stock trading app suffered a excessive data breach on November third. In response to a weblog put up from the firm, around 7 million customers had been affected, and hackers managed to abolish the stout names, ZIP codes, and birthdays of around 300 folks. At the very least ten customers lost “wide legend info” in the breach.

Fortunately, the huge majority of consumers impacted by this data breach (5 million) easiest had their electronic mail addresses uncovered to hackers. But around 2 million folks had their stout names uncovered, and again, a whole bunch of folks lost some quite heavenly data.

Robinhood claims that a buyer-make stronger employee used to be tricked into giving a hacker web admission to to inner systems. It’s a damming revelation, and it presentations that Robinhood has discovered very exiguous since its 2019 data breach (which used to be the result of storing heavenly data in plaintext).

Will it ever dwell @troyhunt? Wonderful obtained this electronic mail from the Robinhood investing app. I closed my legend a while ago since I leavened I’m inferior at investing. pic.twitter.com/YfgvU74t4x

— Austin Farley (@farleyaustin) November 8, 2021

The dearth of transparency right here is additionally irritating. Robinhood says that the hacker (or hackers) build forth an extortion fee after stealing buyer data, however the firm hasn’t equipped if it paid the cash.

Oh, and there’s one very tense aspect to this legend—Robinhood withheld its announcement except 4 PM EST. That’s when the NYSE closes. While this sharp timing may perhaps additionally prevent folks from wildly selling off stock (you ought to merely switch to one more broker), it additionally capability that Robinhood’s stock if truth be told closed with a 2.6% invent at the moment. (For what it’s price, the stock fell 3% in the course of after-hours trading.)

Within the event you had been impacted on this data breach, Robinhood will ship you an electronic mail explaining what (if any) non-public data used to be uncovered. Both blueprint, we recommend that every body Robinhood users change their passwords. Within the event you aren’t the usage of distinctive passwords for every app or web sites, please download a password supervisor to allow you web the job done compatible.

Source: Robinhood

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