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Bribed, plant and tricked employees increasingly undermine cybersecurity efforts. Here's what boards need to know and ask.
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ET Now on MSNHow Coinbase Was Hacked and What Could Have Been DoneWhile this news led to some brief volatility for Coinbase shares, the S&P 500 inclusion news has managed to overshadow it.
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Coinbase rocked by $400M insider hack, launches $20M global bounty to hunt attackersThe breach occurred after threat actors bribed overseas customer support contractors to extract data from internal systems. Coinbase confirmed that all employees involved had been terminated.
“[This] is a clear warning that the crypto industry remains vulnerable to insider threats, this time because of operational weaknesses.” While Coinbase did move quickly to reveal the hack in ...
Read below to see how Web3 reacted to this week’s revelation of the Coinbase (NASDAQ:COIN) hack. “The Coinbase attack proves why centralized systems keep failing – they offer no resilience ...
Additionally, Coinbase said it is increasing investment in insider-threat detection, automated response and simulating similar security threats. Insider threats are a human problem requiring human ...
Here’s everything we know about the hack and what it means for Coinbase and its users ... are compromised on an average when an external threat actor is involved, the number swells to 1 billion ...
Coinbase was hacked ... Coinbase users affected by the data hack. Less than 1% of users have been affected, not one million. Check out: Personal Finance Insider's review of Coinbase.
Cybersecurity expert and personal security attorney Leeza Garber said Coinbase employees were bribed ... For more on these cybersecurity threats, watch the video player above or visit The National ...
The popular cryptocurrency exchange estimates the hack could cost it between $180 million and $400 million, per its May 14 SEC filing. The hackers bribed Coinbase employees abroad so they could ...
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