Coinbase Tightens Security Amid Growing North Korean Hacking Threat

Coinbase CEO Brian Armstrong revealed that the company has been forced to tighten its remote-first work policy to combat a growing threat from North Korean hackers. North Korean IT workers have been exploiting Coinbase's remote work policy to infiltrate the company's systems and steal sensitive information. In response, Coinbase is requiring all employees to attend in-person onboarding in the US and is implementing stricter background checks, including US citizenship requirements and fingerprinting, for those with access to sensitive systems. The company has also strengthened internal security measures to mitigate insider threats and bribery attempts.