Robinhood wrote: “On Monday night, we discovered that some credentials users have been stored in our system in plain text ".
Although no one was found element, Robinhood began to do reset passwords, found exposed, as a precautionary measure.
A representative of the company said that not everyone affected users of Robinhood. On the other hand, he was unable to reveal the exact number. The spokesman said the issue has been resolved and that all passwords are now protected by the Bcrypt algorithm.
Storing passwords in plain text is one of the most important issues security. However, Robinhood is not the first company to deal with this issue. During the year, some of the largest companies, such as the FacebookThe Instagram and Google, they admitted storing their users' passwords in plain text.
In March, the Facebook revealed that the passwords of hundreds of millions of Facebook Lite users and tens of millions of Facebook users were stored in this way.
Despite the April incident, in April, the social networking platform again said it is storing passwords for millions of users Instagram in plain text.
In May, Google admitted that the passwords of a large number of G Suite users were exposed for about 14 years.
From this "company" is not missing Twitter and GitHub.