A hacker breached the client database of the Robinhood trading platform, obtaining access to millions of consumers’ personal information. According to the firm, the attack has been controlled, and law enforcement is investigating.
In Monday’s after-hours trade, Robinhood’s stock was down approximately 3%.
In a statement, Robinhood said the unauthorized party obtained a list of email addresses for around 5 million persons and full names for another group of about 2 million people as a result of the November 3 attack.
Faking to gain access
According to the company, the compromise revealed the names, dates of birth, and zip codes of a “small number of persons,” totaling around 310 people.
“More extensive account details were leaked” to about 10 consumers, Robinhood stated, without going into specifics.
According to the team’s tweet, the unauthorized party employed social engineering to gain access to various customer support systems by impersonating a customer service representative.
Încălcare masivă
As a result, the attacker had access to 5 million customers’ email addresses and 2 million customers’ full names.
“We believe no Social Security numbers, bank account numbers, or debit card numbers were disclosed, and that no customers have suffered any loss as a result of the incident,” Robinhood said.
Robinhood further stated that the attacker attempted extortion by demanding cash after the hack was stopped.
Caleb Sima, Robinhood’s Chief Security Officer, said the victims had been alerted.
This isn’t the first time the popular trading platform has been attacked by a data breach, adding to the company’s troubles as it deals with the fallout from this and prior instances.
In 2019, Robinhood experienced a massive security breach as a result of passwords being kept in plain text.
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