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Coinbase Discloses Data Breach, Refuses $20M Ransom, and Offers $20M Reward to Catch Insider Data Thieves

> Coinbase discloses hackers bribed a group of overseas support agents to steal some customer data for social engineering attacks.

> “No passwords, private keys, or funds were exposed & Coinbase Prime accts are untouched.”

> A few customers were tricked into sending money. Coinbase said to reimburse them.

> Coinbase rejected a $20M ransom and is offering a $20M reward to catch the criminals.

Source:

Coinbase Discloses Data Breach, Refuses $20M Ransom, and Offers $20M Reward to Catch Insider Data Thieves

> Coinbase discloses hackers bribed a group of overseas support agents to steal some customer data for social engineering attacks.

> “No passwords, private keys, or funds were exposed & Coinbase Prime accts are untouched.”

> A few customers were tricked into sending money. Coinbase said to reimburse them.

> Coinbase rejected a $20M ransom and is offering a $20M reward to catch the criminals.

Source: https://www.coinbase.com/blog/protecting-our-customers-standing-up-to-extortionists