According to those that plate, you are. In a book titled Modern Electroplating, third edition, published by Wiley Interscience Publication, it says, on page 42:
"Since hydrogen is produced first in the atomic state, it is readily absorbed by the basis metal. Steels are more or less susceptible to embitterment by absorbed hydrogen depending on the analysis and metallurgical treatment. The nature of the embrittlement is not understood, but at least in part it is result of interference of the hydrogen atoms with the normal flow of slip of the lattice planes under stress."
Any heat treated item that is black oxide finished is required to be roasted to eliminate hydrogen if failure is an issue. Black oxide finished springs would be a good example. The hydrogen generated by electrolysis in the black oxide process is more than enough to create a condition that can be troublesome. I can only assume that tools cleaned by electrolysis, where there is hydrolysis ( and I assume there is-------you get bubbles, right?) would be subject to the same conditions.
Hope this helps explain it.
Harold