Reuters: Coinbase Data Breach Incident Linked to Indian Outsourcing Firm Employee

BlockBeats News, June 3rd, according to Reuters, Coinbase knew in January that its outsourcing partner, TaskUs, had a data leak by employees in India, part of which was related to a security incident estimated to have caused a loss of $400 million to the exchange. A female TaskUs employee had used her mobile phone to photograph the computer screen and sold customer information to hackers in exchange for a bribe. After the incident was exposed, over 200 employees were fired.

Coinbase has terminated its relationship with the employees involved and other overseas agents, and has strengthened its control measures. It is reported that the incident was reported to Coinbase in January, but the company did not realize the seriousness of the situation until it was extorted in May.