Crypto exchange Coinbase experienced a cybersecurity attack targeting its employees on Feb. 5. The attack came through SMS scams and involved impersonations of IT staff, according to a recent report from the company's engineering team. No customers' funds or information were impacted, the firm said.
As per the report, on a late Sunday several Coinbase employees received SMS messages requiring them to urgently log in via the link provided to access an important message.
The perpetrator then made repeated attempts to gain remote access to Coinbase's internal systems with the employee's username and password, but was unable to pass through the Multi-Factor Authentication (MFA) security measure.
All Comments