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

(www.cnbc.com)
410 points gpi | 1 comments | 15 May 25 15:52 UTC | HN request time: 0.208s | source
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neilv ◴[15 May 25 16:07 UTC] No.43996445[source]▶
The article keeps saying overseas employees or contractors, but isn't more specific on who Coinbase entrusted with this sensitive customer PII.

The bottom line is Coinbase didn't adequately secure sensitive customer information, and it was leaked.

Not, "Gosh, 'overseas' people, what can ya do?"

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voidspark ◴[15 May 25 16:28 UTC] No.43996649[source]▶
How can customer support operate without knowing anything about the customer?
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kgwxd ◴[15 May 25 16:35 UTC] No.43996714[source]▶
Isn't the whole point of crypto to keep PII out of it completely? If not, what is all this non-sense for exactly, other than the typical goals of pyramid schemes?
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1. udev4096 ◴[15 May 25 17:46 UTC] No.43997471[source]▶
It's simple. They want to centralize crypto and dickheads like armstrong are happy to be in line to make that happen. Just look at tether, what's the point of it? It's nothing but a front for inflating the price of bitcoin. It has NEVER been audited and has been found to NOT have any USD backing at all