Coinbase has reported an attempted $20M extortion following a data breach due to rogue contractors. Less than 1% of users’ data was stolen, which included contact details, partial social security and bank account numbers, and government ID images. The company has not paid the demanded ransom, has cooperated with law enforcement, and is augmenting its security measures. The breach’s estimated cost is between $180M and $400M, primarily for customer reimbursements and system remediation.
Protecting Against Info-Stealers – A Practical Resource
Infostealer malware attacks, designed to extract sensitive information from systems, accounted for nearly a quarter of all cyber incidents in 2024. Cybersecurity reports show a
