Robinhood Internal Probe Finds Hackers Hit Almost 2,000 Accounts

Oct. 15, 2020, 6:58 PM

Almost 2,000 Robinhood Markets accounts were compromised in a recent hacking spree that siphoned off customer funds, a sign that the attacks were more widespread than was previously known.

A person with knowledge of an internal review, who asked not to be identified because the findings aren’t public, provided the estimated figure.

When Bloomberg first reported on the hacking spree last week, the popular online brokerage disclosed few details. It said “a limited number” of customers had been struck by cyber-criminals who gained access by breaching personal email accounts outside of Robinhood, an assertion that some of the victims acknowledge ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.