Robinhood reported a data breach 7 million users – Bits Media

Trading platform reports cyberattack, as a result of which information about 7 millions of site users were compromised.

On its blog the company
reported, what in the evening 3 November criminals used telephone and social technologies, so that influence the support employee and gain access to the customer support system. As a result, hackers stole email addresses of approximately 5 million users, as well as full names 2 millions of other users. Personal information, names, dates of birth and postal codes were obtained by hackers from 310 clients using social engineering methods. In 10 The attackers tricked users into providing more complete data.

The company reports, that stopped the cyber attack in time and was able to protect social security card numbers, bank account and debit card numbers of its users. Robinhood assures, that not a single client was harmed or suffered financial losses as a result of the cyber attack.

After that, how the security service was able to localize the attack, hackers contacted the platform administration and demanded a ransom for the stolen information. Robinhood refused to pay the ransom to the extortionists and reported the cyberattack to law enforcement agencies. Robinhood's security service, together with the information security company Mandiant, has begun an investigation into the incident..

Robinhood Chief Security Officer Caleb Sima (Caleb Sima) considers, that Robinhood should have reported the cyberattack to its customers, because it positions itself as a safe platform for exchange trading.

"As a company, focused primarily on safety, We owe it to our clients to be transparent and act with integrity. After careful review, we made the right decision to bring this incident to the attention of the entire Robinhood community.".

Data leakage is a real scourge for cryptocurrency companies. A month ago, the popular cryptocurrency service CoinMarketCap admitted leaking e-mail addresses of more than 3 million users. In April, the Hotbit exchange suspended operations due to a hacker attack and data leakage 2 million users. Hackers put up stolen data for sale on the darknet.. Thus, in May the data is more 500 thousands of clients of the Turkish exchange BtcTurk were put up for sale.