Robinhood hacked, affected 7 million users

Attackers gained access to user information for the Robinhood trading app through a security breach last week.

According to Robinhood, the attackers obtained the email addresses of 5 million users and the full names of 2 million others.

Additional information was also stolen from 310 people, including their name, date of birth, and zip code. 10 of these customers have “disclosed further account details”. The company says no financial information – like SSN, bank account numbers, or debit card numbers – has been stolen. In addition, no customer suffers financial loss.

Robinhood added that the attackers asked for hush money to prevent information leakage but did not say whether they kept their promise. The company says it has notified the authorities of the incident and that security firm Mandiant is conducting an investigation. App said the incident happened late Wednesday evening (Nov. 3) but did not provide an exact time.

Cryptocurrency companies are falling victim

Many other crypto companies have similarly experienced less serious data leaks. At the end of October, CoinMarketCap leaked the email addresses of around 3 million users, as reported by Bitcoin Magazine.

Other companies that have suffered similar attacks include Celsius, Ledger, and BitMEX. Although the extent of each attack has not been disclosed, each company has around 1 to 3 million users, so the extent of the attack will of course be less.

The greater extent of the attack this week can be attributed to Robinhood’s relatively mainstream appeal. Robinhood is not just a crypto app but a retail stock trading app with secondary crypto features. It has around 31 million users, which means the attack only affected a quarter of the user base.

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Annie

According to crypto briefing

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