Stock-trading site Robinhood might have stored your password in plaintext
Time to reset your password.
- I've been covering technology and mobile for 12 years, first as a telecommunications reporter and assistant editor at ZDNet in Australia, then as CNET's West Coast head of breaking news, and now in the Thought Leadership team.
Robinhood warned its customers in an email Wednesday that their passwords may have been stored in plaintext. The stock trading service said it discovered the issue on Monday night, when it found "some user credentials" stored in readable formats on its internal systems.
"Your Robinhood password may have been included," Robinhood said in the email. "We resolved this issue, and after thorough review, found no evidence that this information was accessed by anyone outside of our response team."
Still, it recommends changing your password.
A Robinhood spokesperson told CNET sister site ZDNet via phone that not all users were impacted, but did not say how many were. Passwords are now being hashed using the Bcrypt algorithm, according to a help page, ZDNet added.
