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410 points gpi | 1 comments | | HN request time: 0.201s | source
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mafriese ◴[] No.44003034[source]
> The threat actor appears to have obtained this information by paying multiple contractors or employees working in support roles outside the United States to collect information from internal Coinbase systems to which they had access in order to perform their job responsibilities

Based on the information present in the breach, I think it's likely that the source was their customer support in the Philippines. Monthly salary is usually < 1000$/month (entry-level probably even less than 500$) and a 5000$ bribe could be more than a year worth of money, tax-free. Considering the money you can make with that dataset now, this is just a small investment.

> •Name, address, phone, and email; •Masked Social Security (last 4 digits only); •Masked bank-account numbers and some bank account identifiers; •Government‑ID images (e.g., driver’s license, passport); •Account data (balance snapshots and transaction history); and •Limited corporate data (including documents, training material, and communications available to support agents).

This is every threat actor's dream. Even if you only had email addresses and account balances, this is a nightmare. Instead of blackmailing the company, you can now blackmail each individual user. "Send me 50% of your BTC and I won't publish all of your information on the internet". My guess is that we will have a similar situation like we had with the Vastaamo data breach...

https://en.wikipedia.org/wiki/Vastaamo_data_breach

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lm28469 ◴[] No.44003213[source]
> •Name, address, phone, and email;\

> blackmail each individual user

Blackmail would be the least of my worries, in France we had at least five kidnappings/attempted kidnappings related to crypto investors since the beginning of the year.

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bambax ◴[] No.44003282[source]
Yes that's true but it's weird they only focus on crypto investors' families? There are many rich people in France, what's the deal with cryptobros?
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1. paranoidrobot ◴[] No.44003306[source]
Because it's easier to move crypto than physical cash.