Comments: Online trading platform Robinhood confirms hack, more than 7 million customer details compromised

Comments by: Gary Gardiner, Head of Security Engineering, APAC & Japan, Check Point Software Technologies

Socially engineered attacks are becoming more mainstream. In these cyber attacks, hackers use human interactions to carry out their malicious activities, psychologically manipulating people into making security mistakes or giving away sensitive information.

The information leaked here is sensitive and bad news for the Robinhood community. Malicious hackers can use the information leaked to carry out more attacks against the victims, like targeted phishing emails, as names and dates of birth can often be used to verify a person’s identity.

We urge Robinhood users to change their passwords immediately, enable two-factor authentication, and to watch out for any suspicious emails in their inboxes. According to our research, 58% of malicious files in the US were delivered via email this year.

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