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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: 0.236s | source
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growlNark ◴[15 May 25 18:52 UTC] No.43998103[source]▶
I'm surprised they only demanded $20M. Surely that customer data is potentially worth, like, potentially orders-of-magnitude more.

Correspondingly I'd assume either a) paying the ransom doesn't take it off the market or b) the info they stole isn't that interesting.

replies(1): >>43999680 #
drexlspivey ◴[15 May 25 21:50 UTC] No.43999680[source]▶
They only stole 80000 emails (1% of their monthly active users) not the whole userlist
replies(1): >>44001010 #
1. mgillett54 ◴[16 May 25 01:27 UTC] No.44001010[source]▶
> less than 1% of Coinbase monthly transacting users

Unclear if users whose data was stolen, but did NOT transact in the last month are included in this statistic. Feels like a very intentional phrasing on their part

https://www.coinbase.com/en-gb/blog/protecting-our-customers...