Coinbase reported that hackers bribed overseas support agents to steal customer data, leading to potential costs of up to $400 million. The company received a ransom demand of $20 million but has refused to pay, instead offering a reward for information on the attackers. While sensitive customer information was accessed, no passwords or funds were compromised.
coinbase ✓
hacking ✓
data-breach ✓
+ ransom
cybersecurity ✓