Robinhood Data Breach Reveals Personal Details of 7 Million Users | Personal finance
The popular Robinhood trading app announced on Monday that millions of its users had had their personal information exposed in a data breach.
In a blog post, Robinhood explained that an “unauthorized third party” engineered the leak through its customer support systems. Users’ bank account information, social security numbers, and other financial data do not appear to have been affected.
There were no monetary losses.
However, the unauthorized party gained access to the emails of around 5 million people and the full names of 2 million people. Some 310 names, birthdays and postal codes of customers were also on display.
At last count, Robinhood had around 18 million users. While around 7 million accounts have been compromised, that’s more than a third of affected customers. Going forward, cybersecurity expert Brian Krebs tweeted On Monday, “it is safe to expect an increase in phishing schemes targeting Robinhood users.”
Robinhood has already started informing customers of the incident; Monday afternoon, Twitter lit up with screenshots of e-mails he was sending to customers. The blog post said Robinhood was investigating the breach in collaboration with law enforcement and a private security team, adding that Security Chief Caleb Sima believed “to make the entire Robinhood community aware of this incident is now the right thing to do.