Robinhood says some customer accounts may have become target of hackers

Fintech startup Robinhood claimed Friday some consumers could have turn out to be a focus on of hackers because of their particular email accounts remaining compromised outdoors of its system.

The challenge did not take place from a breach in the firm’s devices, a spokesperson for the business said in a assertion.

“We’re actively working with people impacted to protected their accounts,” Robinhood included.

Robinhood, which is credited with serving to popularize investing amongst millennials, has observed numerous outages due to the fact March thanks to greater-than-typical website traffic to its app from a recent upsurge in working day trade by retail traders.

Past thirty day period, Reuters documented that the company had amplified its most recent funding round from investors to $660 million, providing it a valuation of $11.7 billion.

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