Did a Coinbase contractor access customer information?

Yes, a single Coinbase contractor improperly accessed customer information, impacting a small number of users.

What kind of user information was exposed in the Coinbase breach?

Screenshots indicated access to user balances, ID verifications, payment methods, email addresses, dates of birth, and phone numbers.

What actions did Coinbase take after the contractor breach?

Coinbase fired the contractor, notified affected users, and reported the incident to relevant regulators.

Home / Crime and Justice / Coinbase Contractor Breach Exposes User Data

Coinbase Contractor Breach Exposes User Data

4 Feb

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Summary

A single contractor improperly accessed customer information.
Screenshots showed user data including balances and ID.
Coinbase fired the contractor and notified affected users.

Coinbase Contractor Breach Exposes User Data

Coinbase recently experienced a security breach attributed to a contractor who improperly accessed customer information. The incident, which occurred in December, affected approximately 30 users. Screenshots shared in a Telegram chat suggested the contractor provided user data, including cryptocurrency balances, identification details, and personal contact information, to cybercriminals.

This latest breach follows a similar event earlier in the year where cybercriminals bribed Coinbase customer support agents for details on over 69,000 user accounts. That earlier incident was traced to contractors in India who were allegedly paid to take screenshots of user account information. Coinbase has stated that the contractor involved in the most recent breach has been terminated, affected users have been notified, and relevant regulators have been informed.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.