A data breach at Coinbase involved insider threat actors bribing support staff from TaskUs to steal customer information. Coinbase responded with a substantial ransom demand, but ultimately suffered estimated losses up to $400 million. #Coinbase #TaskUs #InsiderThreat #DataBreach #CryptoSecurity
Keypoints
- A recent data breach at Coinbase was linked to bribed support employees from TaskUs in India.
- The breach was discovered in January, after employees were caught capturing computer screen photos.
- Two TaskUs employees admitted to funneling customer data to hackers in exchange for bribes.
- Coinbase disclosed that the attackers demanded a ransom of $20 million but refused to pay.
- Following the incident, TaskUs terminated involved employees and ceased operations in Indore, India.