Coinbase Customers’ Personal Data Stolen in Hack, Stock Drops

The cryptocurrency exchange Coinbase was recently targeted in a hacking incident that led to the personal data of thousands of customers being stolen, the company said in a May 15 statement.

According to a March 31 filing with the Securities and Exchange Commission (SEC), Coinbase had 9.7 million monthly transaction users (MTU) by the end of that month.

Since the company claims that less than 1 percent of MTUs have been impacted by the hack, the number of affected individuals could be around 97,000.

Hackers got access to names, addresses, phone numbers, emails, last four digits of Social Security numbers, masked bank account numbers and identifiers, government ID images such as driver’s licenses and passports, and account data such as balance snapshots and transaction history.

Hackers did not get access to login credentials or 2FA codes, private keys, customer funds and the ability to move these funds, Coinbase Prime accounts, Coinbase or Coinbase customer hot or cold wallets.

Following the revelation, Coinbase shares crashed by 7.2 percent on Thursday.

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Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.