Crypto exchange Coinbase has disclosed a significant cyber attack that could cost the company between $180m (£135m) and $400m (£300m), after hackers breached account data belonging to a “small subset” of its users.
The news sent shares down three per cent in pre-market trading on Thursday. Coinbase said it received an email from an unknown threat actor on 11 May, claiming access to sensitive customer details and internal company documents. The company has confirmed that the attackers accessed names, addresses, and emails, but did not obtain login credentials and passwords.
Read more…
Source: City A.M. News
Sign up for our Newsletter
The latest news and insights delivered right to your inbox.
Related:
- Bulgaria’s hacked database is now available on hacking forums
July 18, 2019
The database of Bulgaria’s National Revenue Agency (NRA), which was hacked over the weekend and sent to local reporters, is now being shared on hacking forums, ZDNet has learned from sources in the threat intelligence community. Download links to the hacked database have been shared by a hacked data trader known as Instakilla, believed to be operating out of ...
- Mirai Botnet Sees Big 2019 Growth, Shifts Focus to Enterprises
July 18, 2019
The infamous Mirai internet of things botnet is spiking in growth while changing up its tactics, techniques and procedures so far in 2019, to target more and more enterprise-level hardware, It’s a state of affairs that presents a greater concern than ever before given the ongong migration to the cloud era, researchers said. According to researchers ...
- Why Cities Are a Low-Hanging Fruit For Ransomware
July 15, 2019
Ransomware attacks against local governments and cities are repeatedly making headlines, with crippling results on city operations and budgets. Last month, the Florida city of Riviera Beach paid hackers $600,000 after being hit by a ransomware attack that downed its computer systems for three weeks. In 2018, several Atlanta city systems were crippled after a ransomware attack extorted ...
- New Miori Variant Uses Unique Protocol to Communicate with C&C
July 10, 2019
We first detailed a new Mirai variant called Miori in a report late last year after finding the malware spreading via a ThinkPHP Remote Code Execution (RCE) vulnerability. It has recently reappeared bearing a notable difference in the way it communicates with its command-and-control (C&C) server. This Miori variant departs from the usual binary-based protocol and uses ...
- Hackers breached Greece’s top-level domain registrar
July 9, 2019
State-sponsored hackers have breached ICS-Forth, the organization that manages Greece’s top-level domain country codes of .gr and .el. ICS-Forth, which stands for the Institute of Computer Science of the Foundation for Research and Technology, publicly admitted to the security incident in emails it sent ot domain owners on April 19. The hackers behind the breach are the same group ...
- Anubis Android Malware Returns with Over 17,000 Samples
July 8, 2019
The 2018 mobile threat landscape had banking trojans that diversified their tactics and techniques to evade detection and further monetize their malware — and in the case of the Anubis Android malware, retooled for other malicious activities. Anubis underwent several changes since it first emerged, from being used for cyberespionage to being retooled as a banking malware, combining information ...

