#Share_or_Quote_This_Post Largest Crypto Exchange in America Hit by Ransomware

Coinbase, the largest crypto exchange in the United States, is facing a major cyberattack that has resulted in the leak of sensitive data of some of its customers.

They revealed this cyberattack in their report, stating that the potential losses from this attack range from USD 180 million to USD 400 million, making it one of the largest impacts of a cyberattack in history.

This breach was discovered after Coinbase received an email from the perpetrators on May 11. The hacker claimed to have access to confidential information regarding customer account numbers and several internal company documents.

Coinbase acknowledged that the perpetrators were able to access names, addresses, emails, partial bank account numbers, and some Social Security numbers. However, they assured that no passwords, private keys, or access to customer accounts were leaked in this incident.

They also explained that this ransomware attack was carried out through Coinbase's network of contractors spread across various countries, as well as through employees in the customer support division who were bribed to provide consumer data, who were then immediately fired by Coinbase. Affected customers have already been contacted by Coinbase.