Coinbase says hackers bribed staff to steal customer data and are demanding $20 million ransom
Coinbase customer data was recently stolen by cybercriminals using social engineering techniques. The incident may cost the company up to $400 million to fix. The data stolen includes names, addresses, phone numbers, emails, masked bank account numbers and identifiers, the last four digits of Social Security numbers, government ID images, and account balances. The attackers demanded a $20 million ransom, but Coinbase said it would not pay. It instead offered a $20 million reward fund for information leading to the arrest and conviction of the criminals responsible for the attack.