Coinbase Knew of Its Data Breach Months Before Disclosing: Reuters

In January, Coinbase became aware of a violation of clients who included her third -work contractor for months before publicly discovered the incident, Reuters reported Monday, citing six sources introduced to this question.

According to five former employees of RASSAWS, the violation was found to an Indian support agent who photographed his work computer screen by phone.

The employee and the alleged companies are suspicious that they have sold information about Coinbase Hacker users in exchange for bribe.

“We immediately reported this activity to the client,” Taswesus said Reutersadding that she abolished two employees for illegal approach and believed that violation was part of a wider, coordinated campaign that targets Coinbase and other service providers.

Decipher He joined Coinbase and Tassals for a comment.

Coin discovered The injury to the SEC on May 14 was followed by a blog on May 15th.

The company said the hackers were given the names of customers, addresses, masked banks and identical documents through a compromised assistant staff. No means taken or passwords taken. On May 11, Coinbase received a redemption request of Bitcoin of $ 20 million, which encouraged him to publicly report the information.

In addition, he said that an actor threatening received information by paying multiple contractors or employees in the roles for support for information from Coinbase internal systems and that “these cases of such staff who accessed data without business needs are independently discovered by the company’s safety monitoring in the previous months.”

Reuters They reported that at least part of the violation was associated with Rassawers, an American outsourcing with over 61,000 employees in 12 countries.

“Then they tried to extort Coinbase for $ 20 million to cover it. We said no,” the company wrote. Executive director Brian Armstrong responded, offering a role in the amount of $ 20 million for information that led to the arrest of the attacker. “We will not pay your ransom,” he said in the video.

The company said the violation affected less than 1% of its users. Coinbase has since interrupted ties with the tascus and other foreign agents involved in the incident and claims they have strengthened internal control.

Breach aroused The shareholder’s lawsuit was filed on May 2nd at the Federal Court in Pennsylvania. Investor Brady Nesler accused Coinbase of violating the laws on securities by not quickly discovering violation and claimed that the company also concealed previous regulatory issues.

Coinbase shares have fallen 7% after the publication, but since then they have recovered, strengthened by its inclusion in the S&P 500.

Edited Sebastian Sinclair