<ul><li>Coinbase recently experienced a data breach impacting nearly 70,000 users due to insider wrongdoing.</li><li>Sensitive personal information was exposed, leading to potential follow-on attacks and identity theft risks.</li><li>Compromised data includes personal identifiers, financial information, identity documents, and account activity.</li><li>Coinbase refused to pay a $20 million ransom demanded by the attackers and set up a reward fund for their capture.</li><li>The company notified affected users, enhanced defenses, and is collaborating with law enforcement agencies.</li><li>Coinbase users are advised to enable strong two-factor authentication and be cautious of imposters.</li><li>McAfee offers additional safeguards like Scam Detector, reducing digital footprint, and Identity Monitoring.</li><li>Protective measures against identity theft include Transaction Monitoring, Credit Monitoring, and Security Freeze.</li><li>The breach underscores the importance of personal security measures in the digital realm to prevent scams and identity theft.</li></ul>

How to Protect Your Crypto After the Coinbase Breach

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