Coinbase Knew Customer Data Breach in January, Only Disclosed in May

Coinbase has disclosed a major data breach impacting its customers, which they learned about back in January. The exchange only made the disclosure public in May after receiving a ransom demand from the attackers who stole customer information. The incident is believed to have involved employees of a US outsourcing company called TaskUs, with evidence suggesting they accessed Coinbase systems for personal use and then shared the data with hackers.