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Coinbase says hackers bribed staff to steal customer data, demanding $20M ransom

(www.cnbc.com)
410 points gpi | 5 comments | 15 May 25 15:52 UTC | HN request time: 0.832s | source
1. mxhold ◴[15 May 25 16:30 UTC] No.43996671[source]▶
Interesting coincidence?

>On April 12, Coinbase updated their user agreement to take effect TODAY, May 15, with new language about waiving some rights to class action lawsuits and jurisdiction selection.

https://bsky.app/profile/jsweetli.bsky.social/post/3lp7sw647...

replies(3): >>43996924 #>>43996977 #>>43997820 #
2. sitkack ◴[15 May 25 16:55 UTC] No.43996924[source]▶
This should be illegal.
replies(1): >>43997879 #
3. kmfrk ◴[15 May 25 16:59 UTC] No.43996977[source]▶
The classic added arbitration clause after a massive breach. Happened with Sony and iirc Valve (through Steam) off the top of my head.
4. ◴[15 May 25 18:25 UTC] No.43997820[source]▶
5. jbverschoor ◴[15 May 25 18:31 UTC] No.43997879[source]▶
1 day after they were emailed.

Also, "Coinbase had detected the breach independently in previous months", aren't they required to disclose this? In the EU they are: Every EU institution must do this within 72 hours of becoming aware of the breach, where feasible