A major data breach at Coinbase exposed personal information of over 69,000 users, including IDs, bank details, and transaction history. The incident involved cybercriminals bribing support agents and a subsequent extortion attempt, raising concerns about security and violence in the cryptocurrency industry. #CoinbaseDataBreach #SocialEngineering #Extortion #CryptocurrencySecurity
Keypoints
- Coinbase experienced a data breach affecting more than 69,000 users in December 2024.
- The breach involved theft of personal documents, IDs, and financial information but not passwords.
- Cybercriminals bribed overseas support agents to steal customer data for social engineering attacks.
- Hackers attempted extortion, demanding $20 million, after gaining access to customer information.
- The U.S. Justice Department is investigating the incident, and Coinbase is investing heavily in response measures.
Read More: https://therecord.media/nearly-70000-impacted-coinbase-breach