Coinbase Discloses Arrest Of Former Customer Agent Over Data Breach - Report - DataBreaches.Net
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Coinbase Discloses Arrest Of Former Customer Agent Over Data Breach - Report - DataBreaches.Net
"According to the latest report, a former Coinbase customer service contractor has been arrested in India for their role in a recent data breach incident. This arrest comes after hackers reportedly bribed customer service representatives or contractors to gain access to customer information at the US's largest cryptocurrency exchange."
"While the San Francisco-based crypto firm faced backlash for allegedly disclosing the data breach months after initial discovery, several employees of the US outsourcing firm TaskUs were laid off following the incident. On Friday, December 26, a Bloomberg report stated that Coinbase CEO Brian Armstrong announced a former customer service agent had been arrested in India in connection with the data breach that occurred earlier in the year."
A former Coinbase customer service contractor was arrested in India for involvement in a data breach that exposed customer information. Hackers bribed customer service representatives or contractors to gain access to sensitive user data at the US's largest cryptocurrency exchange. Coinbase revealed in May that the attackers had bribed contractors or outside employees to steal user information. The company received backlash for allegedly disclosing the breach months after its initial discovery. Several employees of the US outsourcing firm TaskUs were laid off following the incident. Coinbase CEO Brian Armstrong announced that a former customer service agent had been arrested in connection with the breach.
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