Legal Law

Firm That Desires To Guard Your Cryptos Can’t Maintain Your Private Data Protected

Back in July, Robinhood raised a tidy $1.89 billion in its initial public offering. Apparently, however, none of this money found its way to the company’s cybersecurity effort, as its defenses appear to be as porous as ever.

Email addresses for about five million Robinhood users were exposed, as were the full names of a different group of about two million users. The intruder also accessed more-extensive personal information for a subset of more than 300 users…. The intruder was able to gain access to Robinhood systems by impersonating an authorized party to a customer-support employee on the phone, the company said.

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