Live data from Hacker News

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

cnbc.com

351–360 of 550 posts

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

#351
post #195

Earlier quoted context omitted.

I just switched to iPhone from a pixel device and I’m shook by all the spam calls. How do iPhone users deal with this?

I have my phone set to silence Unknown callers. What did you have setup on the Pixel before to block them?

I need calls from unknown numbers (doctors, vendors, etc.) Pixel would flag spam calls and not ring, all the unknown-but-valid callers got through without issue.

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

#352

Earlier quoted context omitted.

That’s too heavy handed for me. I get valid calls that I need to answer that aren’t in my contacts. The calls they flag as potential spam and telemarketers has been 100% accurate in my experience so i wish I could just silence those

Usually you are expecting these calls tho so you can turn off that feature when you do. If said person calls often, add them to your contacts.

They could also just easily enhance the feature right? It’s an extra if statement in the code. I get enough calls that it’s not practical to constantly edit a setting that’s like this. There’s nothing else in the settings app I change regularly, it’s mostly set and forget.

It’s much better to just silence every spam call manually instead of having to go into voicemail, listen , decide if I need to respond, hope that I’m acting quickly enough that the other person answers when I ring them back, etc. i imagine this works for a lot of people. But if you get enough calls, or get urgent calls for any reason, it’s not ideal.

For those that can’t imagine the use cases. Consider you are primary contact for your elderly parent. If they fall in the middle of the night you might be getting a call from any random number. Do not disturb isn’t an option and sometimes the EMS guys will call you from their personal cell phone. Even some services like home security will call from random numbers. If ask a plumber to come over, some random technician will call from their device to talk. If a potential client gets my number somehow, I’d prefer to answer versus them get my voicemail.

You have to also factor in that a lot of people don’t even like leaving voicemail so they don’t leave one and I’m left guessing if it mattered that

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

#353

Earlier quoted context omitted.

No they don’t. “Cryptocurrency” isn’t money at all. Just because you can trade it in for money, doesn’t make it so. I can also trade in my hat to the Buffalo Exchange for money. But my hat is not money.

what's more important to me is how quickly can you trade your hat, how quickly can you determine the marketable value of your hat for selling, how close in value can you buy that hat for the same price you sold it, how many hats can you buy or sell at that price? and that's where hats fail in all metrics to cryptocurrency and how cryptocurrency satisfies my criteria for money

Any publicly traded stock is the same as your critetia, yet it isn't money either.

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

#354
post #264

Earlier quoted context omitted.

> What coinbase needs are IRL offices where you can go and do things like account recovery, and where people trying to steal money can be caught and prosecuted People getting locked out of their account (which can happen due to no fault of the user, e.g. by an overly nervous risk system) will be really happy to have to potentially travel to a different city to regain account access...

I would be very happy to do this. Fine, make it optional. I actually would love a version of cold storage that is: never release this money unless I personally travel to an office if NYC and authorize it.

Just buy sone gold bars, and bury them in your yard.

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

#355
post #262

Earlier quoted context omitted.

Coinbase is identical to a bank because it holds customer funds. Your comment isn't quite the dunk you think it is. Blockchains allow money to be held anonymously without any banks involved. Centralized exchanges are just profiting on speculation and probably should be banned.

No they don’t. “Cryptocurrency” isn’t money at all. Just because you can trade it in for money, doesn’t make it so. I can also trade in my hat to the Buffalo Exchange for money. But my hat is not money.

I am paid my salary in crypto. I pay my rent in crypto. I pay for flights and car rentals in crypto. That's surely enough to be considered money.

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

#356
post #336

Earlier quoted context omitted.

I just switched to iPhone from a pixel device and I’m shook by all the spam calls. How do iPhone users deal with this?

Unfortunately blocking all unknown calls is the only way to sanity. Otherwise we're talking 6-9 calls coming in ALL DAY, EVERY DAY. The calls are coming from new numbers, across multiple area codes. A few months ago I would have advised using Begone ( https://apps.apple.com/us/app/begone-spam-call-blocker/id159... ) to block but that only worked since these calls were isolated to blocks of area codes that were pretty…

answer the call and immediately put it on mute. they will hang up and stop calling

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

#357

Earlier quoted context omitted.

I just switched to iPhone from a pixel device and I’m shook by all the spam calls. How do iPhone users deal with this?

I don’t get any calls, seems to be an US problem?

US and Canada

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

#358

Earlier quoted context omitted.

except banks staff can easily be bribed too. There is plenty of bank fraud happening.

Can you show us that? Where the consumer is left with no money at all and bank does not take the loss.

Go Zelle someone and try to get the money back.

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

#360

I have been receiving regular spear phishing calls from these guys, or someone who bought the leaked data, with classic tactics like claiming that I need to confirm a potentially fraudulent transaction. They speak perfect English with an American accent, sound very friendly, and have knowledge of your account balance. Thankfully on the first call I realized it was a scam right away, and Google's call screening featur…

> I have been receiving regular spear phishing calls from these guys, or someone who bought the leaked data, with classic tactics like claiming that I need to confirm a potentially fraudulent transaction. And how long has this been at an increased level? Because i'm not buying the coinbase narrative that they thought this was a systemic issue until they were contacted by the 'cybercriminals'.

It started around the beginning of April, at the same time as I got an initial email from them about my account information being accessed. Which I'm thinking is probably the same breach as they're talking about here.
Post reply on HN