Summary

  • Hackers infiltrated Coinbase crypto exchange via its support workers, resulting in the theft of customer data and funds.
  • The hackers bribed and recruited customer support staff to collect and disclose data.
  • The information accessed includes names, addresses, phone numbers, emails, plus partial SSNs and bank details.
  • Coinbase has fired all employees involved, is pursuing criminal charges, and is offering a $20m reward for information on the hackers’ identity.
  • The exchange is also reimbursing users who fell victim to the breaches.
  • Be cautious of all email communication purporting to be from Coinbase, and follow best practices for security.

By Yadullah Abidi

Original Article