Coinbase Attack Used Social Engineering

Coinbase Attack Used Social Engineering

Coinbase describes a targeted social engineering attack that led to the theft of some employee data. The attacker first sent smishing messages to several Coinbase employees, urging them to click a link and log in to their Coinbase work account. One employee fell for the attack, and the threat actor then attempted to use the victim’s account to gain access to Coinbase’s internal systems. Fortunately, the company’s security solutions prevented this.