Robinhood hit with major data breach

Affected over 7 million customers

Robinhood has revealed that it experienced a security breach on November 3rd, that exposed the personal information of millions of its users.

In a “data security incident” on the evening of Nov. 3, Robinhood reported that an unauthorized third party had obtained a list of email addresses for approximately 5 million of its customers, a long with the the full names for around 2 million other users.

This is not all the information that got exposed. In about 310 cases, more sensitive data, including date of birth and zip code, was obtained. About 10 customers also had even more extensive account details revealed. Robinhood says it is in the process of “making appropriate disclosures” to those users.

“As a Safety First company, we owe it to our customers to be transparent and act with integrity,” explained Robinhood Chief Security Officer Caleb Sima. “Following a diligent review, putting the entire Robinhood community on notice of this incident now is the right thing to do.” 

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