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Coinbase Data Leak Tied to India-Based Contractor, 70,000 Users Affected

  • A data breach at Coinbase affecting over 70,000 users has been linked to a third-party support vendor in India, TaskUs.
  • The breach involved TaskUs employees accessing internal tools and leaking user data, potentially for profit or ransom demands.
  • Coinbase responded by terminating its relationship with TaskUs, enhancing security measures, and investing in a US-based support team.
  • While no funds were stolen, the exposed data could lead to phishing attacks, identity theft, and significant financial implications for Coinbase.

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