As a new generation of investors flock to the stock market, criminals are looking for ways to exploit them by buying credentials on the dark web.
Dozens of brokerage log-ins are for sale on the dark web with portfolios ranging in the low thousands to a half million dollars, according to security analysts and listings seen by CNBC.
For just a few dollars, criminals are selling credentials for customers of E*Trade, Charles Schwab, TD Ameritrade, Robinhood and others, according to New York-based security firm Intsights. The demand has only increased during the pandemic, according to the firm's chief security officer Etay Maor. "Bad actors are simply paddling to where the easy money is, following that trail of hype, news and self-aggrandizement like sharks hunting harbor seals," Bird said. "Money, the promise of money, the announcement of money to be had and the bragging about money obtained are all simply chum in the water for bad actors."
"A limited number of customers appear to have had their Robinhood account targeted by cyber criminals because of their personal email account being compromised outside of Robinhood," a company spokesperson told CNBC. "We're actively working with those impacted to secure their accounts."
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