Coinbase Denies Breach After Amplitude Security Incident Exposes Customer Data

Coinbase asserted that hackers did not access its systems, but some customer contact data was caught up in Amplitude's security incident. Coinbase has denied reports of a data breach after a security incident at the third-party analytics vendor Amplitude exposed some customer contact data. The Nasdaq-listed crypto exchange said a small subset of Coinbase customer information was affected, along with data from other Amplitude customers. Customer Data Exposure In its official tweet, Coinbase confirmed that there is no evidence of unauthorized access to its systems and that customer funds remain safe. The exchange did not disclose how many users were affected or which specific contact details were exposed. However, exposed email addresses and phone numbers could still put users at risk of phishing and social engineering attacks. “We are notifying impacted customers and regulatory agencies in accordance with our legal obligations.” Meanwhile, Amplitude has not yet issued a public statement on how the breach occurred. SlowMist Chief Information Security Officer, “23pds,” claimed that the hackers obtained contact information of more than 70,000 users. Coinbase is not the only one facing ...