Coinbase disclosed that a threat actor obtained internal documents and customer data by paying overseas contractors. The company did not pay the ransom and estimates the incident could cost $180M–$400M.
1️⃣ Data was stolen via insider access from overseas contractors.
2️⃣ Affected info includes PII, ID images, account history, and support materials.
3️⃣ No passwords, keys, or customer funds were compromised.
4️⃣ Coinbase may reimburse affected customers and is enhancing fraud controls.
Coinbase is a crypto exchange and wallet platform that allows merchants and consumers to buy, sell, and store digital currencies.