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

The number of Robinhood-related emails for sale outnumber those for other brokerages by about 5-to-1, the report says.

AccessTimeIconNov 1, 2020 at 6:12 p.m. UTC
Updated Sep 14, 2021 at 10:26 a.m. UTC
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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.

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