“Coinbase said it expects to incur costs of around $180 million to $400 million relating to incident remediation and customer reimbursements.”
Coinbase’s overseas support contractors were bribed to pull customer data, including ID images and partial Social Security numbers. Coinbase caught and fired some of them months earlier without connecting it to one campaign. The attackers demanded $20 million and Coinbase refused. The cleanup will cost $180 million to $400 million.