Coinbase experienced a major data breach involving the personal information of around 69,000 customers, linked to insider leaks from an external contractor. The incident has heightened concerns about data security and organized cybercriminal activity targeting cryptocurrency platforms. #Coinbase #TaskUs #DataBreach #CryptoSecurity
Keypoints
- The breach involved the leak of sensitive customer data including identity documents and account balances.
- Insider employees at TaskUs leaked data in exchange for bribes, prompting a criminal investigation.
- Coinbase was aware of the breach since January 2025 but delayed public disclosure until May 2025.
- The attackers demanded a $20 million ransom, which Coinbase refused to pay.
- TaskUs shut down Coinbase operations in Indore and dismissed involved employees amid protests.
Read More: https://securityonline.info/coinbase-data-breach-69000-customers-info-leaked-via-third-party/