Cryptocurrency exchange Coinbase has announced plans to reimburse customers up to $400 million following a significant data breach. The breach compromised sensitive customer information, including names, addresses, phone numbers, government IDs, and financial details. Attackers exploited vulnerabilities by bribing customer support agents to access internal tools. Coinbase expects remediation costs to range between $180 million and $400 million. This incident highlights the ongoing challenges in securing digital assets and protecting user data in the rapidly evolving cryptocurrency landscape.
— new from WIRED
