Dark Web Hackers Claim to Hold Keys to 10K Robinhood Accounts: Report

Access to more than 10,000 login keys allegedly linked to Robinhood trading accounts were on the market last week on the dark web, according to a report by Bloomberg, which surveyed dark web marketplaces.

The amount of Robinhood-related emails for sale dwarf those for other brokerages by 5-to-1, analysts told Bloomberg, an indication Robinhood accounts are viewed as more vulnerable, the report quoted an analyst as saying.
Robinhood told Bloomberg it's not the only brokerage that's subject to attack and noted that a stolen email isn't by itself enough to compromise an account.
Robinhood clients have been complaining their accounts have been hacked and that the company has been slow to respond. An internal investigation found almost 2,000 accounts were compromised as a result of hacked emails, according to a Bloomberg report earlier this month.
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.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Kevin Reynolds

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.