Coinbase is cooperating with US law enforcement following a data breach where cybercriminals allegedly bribed employees and contractors to leak user data. The exchange claims these individuals were based in India. The US Department of Justice (DoJ) has joined the Securities and Exchange Commission (SEC) in investigating the incident, focusing on identifying and prosecuting the cybercriminals responsible. Coinbase has emphasized that the investigation is not targeting the exchange itself, but rather the perpetrators of the data breach and bribery scheme. They are actively assisting authorities to bring the cybercriminals to justice. The company remains committed to protecting user data and bolstering its security measures following the incident.
US DoJ Said to Open Probe Into Coinbase Data Breach, Firm Claims Involvement of Indian Employees
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US DoJ Said to Open Probe Into Coinbase Data Breach, Firm Claims Involvement of Indian Employees
Coinbase is cooperating with US law enforcement following a data breach where cybercriminals allegedly bribed employees and contractors to leak user data. The exchange claims these individuals were based in India. The US Department of Justice (DoJ) has joined the Securities and Exchange Commission (SEC) in investigating the incident, focusing on identifying and prosecuting the cybercriminals responsible. Coinbase has emphasized that the investigation is not targeting the exchange itself, but rather the perpetrators of the data breach and bribery scheme. They are actively assisting authorities to bring the cybercriminals to justice. The company remains committed to protecting user data and bolstering its security measures following the incident.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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