Coinbase says customers’ personal information stolen in data breach

Crypto Giant Coinbase has confirmed that its systems have been violated and customer data has been stolen with government-known identity documents.

In Legally filing the necessary Cainbase with US regulators said this week a hacker told the agency that they had received information about the customer account and demanded money from the company in exchange for not releasing the stolen information.

Coinbase said that the hacker “America received this information to collect access to their jobs to perform their duties from multiple contractors or employees working in the United States outside the United States.” Assistance workers are no longer employed, the company said.

Filering states that the systems of Coinbase have detected the corrupted activity in the previous months, and it has warned those whose information was possible to prevent abuse of any compromised information. “

Coinsbase says it will not provide hacker ransom. Accordingly A social post CEO Brian Armstrong writes that hackers have demanded $ 20 million from the company.

The company says that the hacker has stolen the last four-digit of the customer’s name, postage and email address, phone number and users’ social security numbers. The hacker masked bank account number and some banking identifiers, as well as the customers’ government-jarring identity documents such as driver’s license and passport. The stolen data also includes account balance data and transaction history.

The agency said that some corporate data, such as internal documentation, were stolen during the violation.

In Post a blogCoinbase says that the violation affects less than 1% of its customers. According to the company’s website, Coinbase has more than 100 million customers as 2022.

Coinsbase says it is expected to spend about 180 million to $ 400 million in connection with the cure and customer repayment.

A coinbase spokeswoman did not immediately respond to the request for TechCrunch’s comments.

Do you work in Coinbase and know more about the breach? Username: Contact this reporter via Jacheitker.1337 or Emel