Robinhood Details

    Organization Logo

    Robinhood

    Menlo Park, California • employees • Financial Services

    Industry

    Financial Services

    Security Incidents

    1

    Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California. It operates an electronic trading platform that facilitates commission-free trades of stocks, exchange-traded funds and cryptocurrencies as well as individual retirement accounts via a mobile app introduced in March 2015.

    Security Incidents

    Robinhood Breach of Nov 2021
    Severity Score
    Low to Moderate

    Type

    Data Breach

    Summary

    In November 2021, Robinhood experienced a significant security breach where an unauthorized third party gained access to the personal information of approximately 7 million customers. The breach was initiated through a social engineering attack on a customer support employee, allowing the threat actor to obtain access to certain customer support systems. Compromised data included email addresses for about 5 million users, full names for a different group of approximately 2 million users, and more extensive personal information for around 310 users. Robinhood promptly contained the intrusion an...
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    Severity

    The Robinhood cyber security incident in November 2021 was severe as it exposed the names or email addresses of more than seven million people, indicating a significant data breach. The breach highlighted vulnerabilities in Robinhood's security measures and raised concerns about the protection of customer information.

    Impact

    The breach impacted over seven million Robinhood customers by exposing their personal information, potentially putting them at risk of phishing attacks, identity theft, and other cybercrimes. The incident also led to extortion demands from hackers, further complicating the aftermath of the breach.

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