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Robinhood Reveals Error That Left User Passwords Exposed

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Commission-free stock trading startup Robinhood instructed some users to change their passwords on Wednesday, after discovering a logging error that left some customer credentials vulnerable, according to a company email.

“On Monday night, we discovered that some user credentials were stored in a readable format within our internal systems,” said the email seen by Reuters. The issue has been resolved, the firm said.

Robinhood, based in Menlo Park, California, said it found no evidence that the information was improperly accessed. The company declined to say how many users were affected.

“We take our responsibility to customers seriously and place an immense focus on working to ensure their information is secure,” spokesman Dan Mahoney said in a statement.

Lawmakers have been calling for stricter legislation to protect sensitive consumer data following high profile breaches at companies including Equifax and American Express.

Equifax has agreed to pay up to $700 million to settle claims it broke the law during a massive 2017 data breach and to repay harmed consumers.

Robinhood’s commission-free stock trading app is gaining popularity among young consumers. It is one of several young companies aiming to compete with traditional financial institutions by offering cheaper and more user friendly digital services.

© Thomson Reuters 2019

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Google Pixel 6 and Pixel 6 Pro: Everything we know so far

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Google Pixel 6 is hot in the rumor mill with multiple leaks presenting a deeper peek into the upcoming Google smartphone. It is also speculated that the Pixel 6 will be accompanied by the bigger Pixel 6 Pro phone. It is highly likely, the Pixel Fold and even an XL model may debut alongside the Pixel 6 series smartphones. The … Continue reading

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Watch woodpecker destroy hidden camera one obnoxious peck at a time

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You’ve probably seen or heard a woodpecker in action at some point; they’re the small birds that can spend hours driving everyone in the vicinity to madness with incessant taps against trees or wood buildings. What you probably haven’t seen is what it looks like to be the object subjected to the woodpecker’s wrath — until now, that is. A … Continue reading

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MacBook Pro M1X and Mac mini may release Intel from service in 2021

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The release date for a new M1X version of the MacBook Pro from Apple, along with a new Mac mini appear to be headed for a special event. It’s been rumored that the most powerful and updated Mac mini with M1X chip inside will be revealed at an event in the forth quarter of this year, 2021. It’s also tipped … Continue reading

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