<ul><li>Coinbase was aware of a data breach at an outsourcing company back in January, which was publicly disclosed in a filing with the SEC on May 14.</li><li>The breach was discovered when an employee from the outsourcing company in India was found taking photos of data on her work computer.</li><li>Cybercriminals attempted to extort Coinbase for $20 million after a 'small group' of company insiders copied data from customer support tools.</li><li>Coinbase initiated measures like firing compromised employees, setting up a reward fund, and reimbursing customers tricked by cybercriminals, with potential costs estimated between $180 million and $400 million.</li></ul>

Report: Coinbase Learned of Data Breach in January

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