Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Summer slowdown has already started? – Bitrss

    May 30, 2025

    George RR Martin says it will never end in the Game of Thrones series.

    May 30, 2025

    Taylor Swift buys Taylor Swift albums from First 6 albums, and shares a new album on the “reputation” album in a message

    May 30, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Summer slowdown has already started? – Bitrss
    • George RR Martin says it will never end in the Game of Thrones series.
    • Taylor Swift buys Taylor Swift albums from First 6 albums, and shares a new album on the “reputation” album in a message
    • Trump clicks on a former right -wing podcast of Paul Innosia for the participation of a major surveillance body
    • The White House is an investigation of how to penetrate the Trump president’s phone
    • A new study found that the prohibition of fluoride at the country level would increase children’s cavities in millions
    • Biden remembers the first public notes since the diagnosis
    • Good code
    Facebook Instagram
    TenznewsTenznews
    • Home
    • News
      • Ai News
      • Crypto News
      • USA News
      • World
    • Tech Info
    • New Items
    • Tips & tricks
    • Science
    • Online Earning
    TenznewsTenznews
    Home»News»Crypto News»Coinbase faces up to $ 400 million of the cost of payment after the last electronic attack
    Crypto News

    Coinbase faces up to $ 400 million of the cost of payment after the last electronic attack

    TenznewsBy TenznewsMay 16, 2025No Comments3 Mins Read
    Coinbase faces up to $ 400 million of the cost of payment after the last electronic attack
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Coinbase recently revealed an electronic attack on his network. As part of the attack, Internet criminals managed to steal money from exposed users under wrong claims. The encryption exchange said that it would voluntarily pay users affected by the breach of data. In a file with the US Securities and Stock Exchange Committee (SEC), the stock exchange initially estimated that these treatment expenses could range between $ 180 million (about 1541 rupees) and $ 400 million (about 3,426 rupees).

    Coinbase says that estimates may increase or decrease after a comprehensive review

    The company presented it to it 8-k file To the Supreme Education Council on May 14. He said that the losses that I have been able to based on the initial analysis can increase or decrease after a comprehensive review of other factors. These claims include possible compensation and recovery.

    “The company continues to review and enhance anti -fraud protection to alleviate the risks that can be used for risk information in social engineering attempts. The company is also in the process of opening a new support center in the United States and taking other measures to harden its defenses to prevent this type of accident,” noted the deposit.

    The CEO of Coinbase Brain Armstrong said that Internet criminals were able to bribe some of the company’s support agents to reach user’s personal data for “less than one percent of its users.”

    According to Armstrong, the attackers arrived at the stock exchange that demanded this user data and demanded a ransom of $ 20 million (about 171 rupees) for lack of data leakage. The CEO of the company refused to surrender to this request. Instead, a $ 20 million bonus fund (about 171 rupees) announced to invite information about these attackers.

    “Since receiving the email, the company evaluated the email that it is reliable,” the stock exchange said in its file.

    Coinbase, in a Blog postHe claimed that the informed who were found involved in the accident had been expelled for their use of customer support systems and stole their data.

    The attackers were able to obtain details, including bank account numbers, government identification and accounting user account data. Other details such as names, addresses, email messages and disguised social security numbers have been hacked as part of this accident.

    However, the company claims that no passwords, special keys or money in the breach have been revealed. According to a Bloomberg reportThe United States is also part of the investigation of the accident.

    After the disclosure of Coinbase for the accident, its shares It is said He decreased by more than six percent.

    Coinbase has yet to reveal the exact amount of the money that its users ended up with the attackers. It also remains inconsistent whether data breach only affects Coinbase users in the United States or if international users are also affected.

    He added in the SEC file: “Although Coinbase has not experienced operational effects of the material from these events as of the date of this, the complete financial impact of the accident on the company is still in its evaluation.”

    Automatic links may be created – see our ethics statement to get details.
    attack Coinbase cost electronic faces million payment
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Tenznews
    • Website

    Tenz News is your trusted source for the latest in global headlines, technology, business, and innovation. Our editorial team is dedicated to delivering fast, factual, and engaging news stories that keep you informed and ahead of the curve. Whether it's breaking developments or deep-dive analysis, we bring you the news that matters — when it matters most.

    Related Posts

    Summer slowdown has already started? – Bitrss

    May 30, 2025

    Good code

    May 30, 2025

    What makes safety stickers an important element in industrial and electronic operations?

    May 30, 2025
    Leave A Reply Cancel Reply

    Stay In Touch
    • Facebook
    • Instagram
    Don't Miss
    Crypto News

    Summer slowdown has already started? – Bitrss

    By TenznewsMay 30, 20250

    Delay Best newsOnly from the major foundations Blockchainand Bitcoinand altcoins And different credit Sources of…

    George RR Martin says it will never end in the Game of Thrones series.

    May 30, 2025

    Taylor Swift buys Taylor Swift albums from First 6 albums, and shares a new album on the “reputation” album in a message

    May 30, 2025

    Trump clicks on a former right -wing podcast of Paul Innosia for the participation of a major surveillance body

    May 30, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Facebook Instagram
    • About Us
    • Disclaimer
    • Privacy Policy
    © 2025 All rights reserved by Tenznews.

    Type above and press Enter to search. Press Esc to cancel.