Coinbase, one of the largest digital currency exchanges in the United States, is warning its users that some employee information may be compromised due to a recent hack.
The company disclosed this week that it became aware of a potential security breach around May 7th, when it noticed unauthorized activity on some employee’s accounts. On-call staff immediately started to investigate the incident, and their investigation led to the discovery that a third party may have accessed some employee’s information.
The stolen information includes employees’ names, email addresses and phone numbers. Coinbase stresses that no user funds or account information were compromised.
In response to this breach, Coinbase says that it has implemented additional security measures to protect its employees’ data and inform customers of the incident. The company is also working with law enforcement authorities to investigate the breach.
The news of this security breach is a reminder to all digital currency exchanges of the importance of protecting user information. After the attack, Coinbase took immediate steps to ensure the security of those affected and to investigate the situation.
Coinbase has also created a dedicated customer service team to answer questions and provide customer support related to the breach. Coinbase users should remain vigilant and create strong passwords to safeguard their accounts. Additionally, it may also be wise to enable two-factor authentication on their accounts as well as regularly review their account activity.
It’s unclear who was behind the attack, but it serves as a reminder of the vulnerability of user information and that digital currency exchanges need to remain vigilant. While some information was stolen, the company reacted quickly and customers can rest assured that no user funds or account information were compromised.
