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Hackers Had Access to Coinbase Customer Data Since January: Report

  • Hackers gained unauthorized access to sensitive customer data at Coinbase as early as January, following the recent $400 million breach.
  • Attackers bribed foreign-based support staff to obtain names, birth dates, addresses, ID numbers, banking details, and more, which could be used for impersonation and unauthorized access to accounts.
  • Coinbase refuted claims of constant access since January but confirmed multiple bribery incidents involving support agents. Less than 1% of monthly users were affected by the breach, with no compromise of login credentials or wallets.
  • Coinbase is offering reimbursements to affected users, enhancing security measures, launching a $20 million bounty, and collaborating with authorities to pursue criminal charges against the perpetrators.

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