Credit: Original article published by CryptoPotato.

  • Hackers had a field run a couple of days ago, targeting the popular retail-oriented trading application Robinhood.

 

  • Almost 2,000 Robinhood Markets accounts were compromised in a spree that saw customers’ funds siphoned off, according to a Bloomberg report.

 

  • Robinhood disclosed that a “limited number” of their customers had been struck by hackers who managed to gain access through breaches of personal email accounts outside of the application.

 

  • “The security of Robinhood customer accounts is a top priority and something we take very seriously.” – The company said in a statement.

 

  • The trading application reportedly has over 13 million customer accounts and is considering whether to add a phone number in combination with other tools, a person familiar with the matter told Bloomberg.

 

  • A few of the victims said that they failed to find any signs of criminals compromising their emails. On the other hand, however, some said that their brokerage accounts were compromised despite the two-factor authentication.

 

  • In late 2019, a massive email breach took place at one of the most popular Bitcoin margin trading exchanges, BitMEX. The company clarified that nothing beyond email addresses was leaked, though this raised serious concerns with respect to the security measures put in place.

 

  • The latest events show that it’s not just the cryptocurrency field that hackers are targeting but also traditional market trading applications and services, highlighting the importance of turnkey security solutions.

 

The post It’s Not Just Crypto: 2,000 Robinhood Accounts Compromised appeared first on CryptoPotato.

This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CryptosOnline.com does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.

Categories:

Tags:

Comments are closed

Translate

Visit Our Other Websites

EdgyBranding.com - Premium Domain Names.

Dexize.com - Ultra-Priviate DEX.

ClassicAutomobile.org - Classic Automobile News.