Robinhood Suffered a Massive Data Breach

Robinhood Markets, Inc. is an American financial services firm based in Menlo Park, California. It is best known for offering commission-free stock, ETF, and cryptocurrency trading via a mobile app launched in March 2015.

What Happened?

After their systems were compromised, a threat actor acquired access to the personal information of around 7 million consumers, stock trading company Robinhood announced a data breach.

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.

The unauthorized party socially engineered a customer support employee by phone and obtained access to certain customer support systems. At this time, we understand that the unauthorized party obtained a list of email addresses for approximately five million people, and full names for a different group of approximately two million people.

We also believe that for a more limited number of

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