Robinhood, a USA-based stock trading and investing app, recently announced that it was a victim of a cyber attack, wherein the attacker obtained access "to limited amount of personal information" of over 7 million customers. Of the 7 million customers, Robinhood said, — Email addresses of approximately 5 million people were breached in the incident Full names of 2 million were also exposed. Information of 310 people such as names, date of birth and zip code was breached. "More extensive account details" was breached of 10 customers Robinhood did not provide any insight into what these account details are. However, they clarified — 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 This is the second instance of a cyber attack on a financial entity in a week. Recently, India's largest securities depository Central Depository Services Limited (CDSL) exposed sensitive data of around 4.39 crore investors, cybersecurity firm CyberX9 reported. Data on trading platforms include personal and financial documents which if it falls in the hands of malicious actors, can be a major cause for concern. How did the hack happen? Robinhood said that the malicious actor — Socially engineered a customer support employee by phone and obtained access to certain customer support systems After containing the intrusion, the malicious actor demanded a ransom The platform…
Data of over 7 million Robinhood customers breached in cyber attack
The trading app disclosed that it enlisted the help of a third-party security firm after the incident.
- Indian crypto exchanges plan to collect identity details for crypto transfers to private wallets: Report June 3, 2023
- Jugalbandi, A Chatbot for Rural India by Microsoft and EkStep: What to Know and Think About? June 3, 2023
- Hopeful to See Action Against E-Pharmacies Selling Medicines Online Without Licenses: Pharmacy Body Writes to States and UTs June 3, 2023
- Meta to give advertisers more control using AI and content filters June 2, 2023
- Transparency Report: Here’s all Facebook, Instagram, Twitter and Google had to say about user complaints in April June 2, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Is it safe to consider all "publicly available data" as public?
PhonePe launched an e-commerce buyer app for ONDC called Pincode. We, however, believe that it should also launch a seller app.
Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...