The popular investment app Robinhood announced recently that it experienced a data security breach on November 3, 2021. The incident gave the attackers access to personal information belonging to millions of users on the platform.
The “unauthorized party” gained access to the customer support system via a social engineering technique, Robinhood stated in a blog post.
Although the security threat has been contained according to the investment platform, the attackers had already gained access to a limited amount of customers’ information.
Caleb Sima, Robinhood Chief Security Officer, said:
“As a Safety First company, we owe it to our customers to be transparent and act with integrity. Following a diligent review, putting the entire Robinhood community on notice of this incident now is the right thing to do.”
Seven Million Customers Affected
The investment app, which has multiple cryptocurrencies available on its platform, noted that following its investigations, the hackers suc
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