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410 points gpi | 1 comments | 15 May 25 15:52 UTC | HN request time: 0.205s | 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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1. J0nL ◴[15 May 25 20:10 UTC] No.43998830[source]▶

>>43996445 #

The odds are already against their future viability after a breach like this and if they're fumbling the response this bad it really doesn't bode well for them.

They would have been better off not even bringing up their location if they weren't going to be transparent.

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