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.”