Coinbase says hackers bribed staff to steal customer data, demanding $20M ransom

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The post discusses a recent incident involving Coinbase, where hackers reportedly bribed employees to access sensitive customer data. This breach is significant as it raises questions about data security practices within companies handling personal identification information (PII) and highlights the risks associated with KYC (Know Your Customer) regulations. User comments express concerns over Coinbase's decision to share sensitive data with overseas contractors and the inadequacy of security measures in place. The overall sentiment includes a strong call for better protection of customer information and a reevaluation of who is granted access to such data. There's a growing awareness of the risks associated with mishandling PII, connecting it to broader implications for national security.
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