A July 11th security breach at a Coinbase-linked bank exposed the sensitive personal information of over 150 customers.
The sensitive personal information of over 150 of the exchange’s consumers was exposed due to a security breach at a bank linked to Coinbase earlier this month.
According to a data breach notification posted on the Maine Attorney General’s website, the incident occurred on July 11th and affected a third-party bank that Coinbase employs to process payments.
The exchange clarifies in a sample letter to customers that Coinbase provided in the Maine notification that the bank inadvertently uploaded a file containing transaction data and personal information to an external location, where an unauthorized party could have potentially plundered it.
“The bank’s investigation to date has not reflected that the file was in fact accessed by an unauthorized third party, nor has the investigation identified any indication of identity theft or fraud in relation to this incident. Again, this incident only impacted the bank’s systems.”
The letter from Coinbase indicates that the consumers’ names, bank account numbers, and routing numbers may have been exposed.
The exchange acknowledges that it has helped with the bank’s forensic investigation. The bank has also reportedly informed law enforcement.
In 2021, Coinbase experienced a significant data breach in which hackers obtained access to over 6,000 customer accounts.