Author/Source: Bitdefender Hotforsecurity See the full link here
Takeaway
This article is about a former employee from Coinbase who was arrested for selling private customer information to criminals. You will learn how this person used their job access to share data, leading to financial harm for some customers.
Technical Subject Understandability
Beginner
Analogy/Comparison
This situation is like a store employee secretly giving away your home address and phone number to people who want to trick you into giving them money.
Why It Matters
It matters because people trust companies with their personal information, and if an employee sells it, criminals can use it to steal money or access accounts. For example, the article mentions that criminals used the stolen data for phishing attempts and SIM-swapping attacks, which can lead to customers losing their funds.
Related Terms
No technical terms
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