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Robinhood hack exposes millions of customer names, email addresses

Millions of Robinhood customers had personal information exposed in a massive security breach.

Robinhood, a financial service company, said that the site was hacked on November 3. Hackers were able to access the personal and security information of millions of its users. The company said they were able to catch the situation and inform law enforcement.

On November 8, Robinhood announced the information in a blog post on its site. “Late in the evening of November 3, we experienced a data security incident. An unauthorized third party obtained access to a limited amount of personal information for a portion of our customers. Based on our investigation, the attack has been contained and we believe that no Social Security numbers, bank account numbers, or debit card numbers were exposed and that there has been no financial loss to any customers as a result of the incident.”

There were 5 million users whose emails addresses were revealed and the 2 million users whose full names were accessed, an issue not as severe as 310 users are facing. The announcement said it was believed that 300 users had information accessed which “includ[ed] name, date of birth, and zip code, was exposed, with a subset of approximately 10 customers having more extensive account details revealed.”

The company said it was “in the process of making appropriate disclosures to affected people.” As a result of the hack, Robinhood’s stock prices dropped 3.8% to $36.52. When the company made its trading debut at the end of July, it opened at $34.82. Robinhood is a financial service company that allows “retail investors to use its app for commission-free trades on stocks, EFTs, cryptocurrencies,” and more.

ARTICLE: RITA VOGT

MANAGING EDITOR: CARSON CHOATE

PHOTO CREDITS: HOWTOGEEK.COM

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