Coinbase Confronts Extortion Attempt After Insider-Facilitated Data Breach

Coinbase Confronts Extortion Attempt After Insider-Facilitated Data Breach

Cryptocurrency exchange Coinbase recently revealed it was the target of an extortion scheme following a data breach orchestrated by malicious actors who recruited some of the company’s overseas contract support agents. This incident was detailed by Coinbase in a blog post titled “Protecting Our Customers & Standing Up To Extortionists.” The attackers demanded $20 million …

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The Dynamics of Data Breach Response Law

The Dynamics of Data Breach Response Law

Just the thought of a data breach or other similar attack on company systems is enough to make the CEO of a company shudder. After all, in our ever-increasing data-first world, breaches and attacks not only cause immense financial and reputational damage but also have the potential to bring operations, including those of a “mission-critical” …

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