Crypto giant Coinbase warns of US$400 million hit from cyberattack, refuses to pay ransom
Coinbase forecast a hit of US$180 million to US$400 million from a cyberattack that breached account data of a “small subset” of its customers, the cryptocurrency exchange said in a regulatory filing on Thursday.
The company received an email from an unknown threat actor on Sunday, claiming to have information about certain customer accounts as well as internal documents.
While some data – including names, addresses and emails – was stolen, the hackers did not get access to login credentials or passwords, Coinbase said. It would, however, reimburse customers who were tricked into sending funds to the attackers.
Hackers had paid multiple contractors and employees working in support roles outside the US to collect information. The…
