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Hackers Infiltrated Almost 2,000 Robinhood Accounts, More Than Thought: Report
According to the company's statement at the time of the hacks, the attacks were said to have affected only a "limited" number of clients.
Updated May 9, 2023, 3:12 a.m. Published Oct 15, 2020, 8:06 p.m.
Nearly 2,000 Robinhood Markets accounts were hacked in a recent series of attacks that stole customer funds, an indication the infiltration was more pervasive than previously believed, Bloomberg reported, citing a person with knowledge of an internal review.
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- According to the company's statement at the time of the hacks, the attacks were said to have affected only a "limited" number of clients..
- Despite the company's statement at the time blaming the attacks on the victims' personal email accounts being compromised, several victims told Bloomberg they found no evidence this happened.
- In addition, several victims said they'd already used two-factor authentication, something Robinhood was advising the individuals who'd been hacked to set up, Bloomberg said.
- A Robinhood spokesperson declined to comment on the Bloomberg report, only referring CoinDesk back to the company's earlier statement.
UPDATE: 20:30 UTC: Adds that some clients were already using two-factor authentication, several found no evidence of comprised personal email accounts.
Read also: Robinhood Traders, Including Bitcoin Holders, Left in the Lurch Following Theft: Report
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