Coinbase Reveals Over 69,000 People Had Their Data Exposed in a Breach. Take These Steps Now

Coinbase, the largest cryptocurrency exchange in the US, revealed in a notice to the Maine attorney general's office that 69,461 people were affected by last week's data breach by extortionists. Login credentials, two-factor authentication codes and private keys were not exposed in the breach, nor were the bad actors able to gain individual account access to investors' funds. But cybercriminals are in possession of the following: Names Addresses Phone numbers Emails Partial Social Security numbers Masked bank-account numbers Government ID images like driver's licenses and passports Account data, including snapshots and transaction history In an SEC filing, Coinbase said that the threat actors paid overseas contractors in support roles for internal sensitive information. That info was then used to create a social engineering attack, demanding that Coinbase pay $20 million or the information would be released. Coinbase refused to pay. "Instead of funding criminal activity, we ... Read full article.