Coinbase Data Breach Affects 69,000 Users; Unauthorized Access Exposes Personal Information

Coinbase has disclosed a data breach impacting 69,000 users, resulting from unauthorized access by overseas support agents. While the breach did not compromise digital asset security, it highlights concerns about cybersecurity practices at cryptocurrency exchanges. Coinbase has offered affected users a year of free identity protection and is implementing precautionary measures to mitigate further issues. The incident underscores the ongoing vulnerability in data management despite existing security protocols. 69,000 users are currently affected, with personal identifiers being exposed but not crypto wallet information. Coinbase’s response includes financial support for user protection and heightened vigilance against phishing attempts.