🚨 Coinbase Data Breach: Up to $400M in Reimbursements
Coinbase, a leading U.S. cryptocurrency exchange, disclosed a significant data breach affecting less than 1% of its users.
Hackers bribed overseas support agents to access sensitive customer information, including names, addresses, and partial Social Security numbers.
The attackers demanded a $20 million ransom, which Coinbase refused, opting instead to offer a $20 million reward for information leading to their arrest.
The company estimates the incident could cost up to $400 million in reimbursements and remediation efforts.
