Coinbase Cartel Targets High-Value Sectors with Data-Theft Tactics

Coinbase Cartel Targets High-Value Sectors with Data-Theft Tactics

First seen 11 Feb 2026, 15:41 UTC GbhackersCybersecuritynews 32.7

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ThreatCluster

The Coinbase Cartel, active since September 2025, has targeted 14 victims in its initial month. This group employs a data exfiltration strategy without encrypting systems, marking a significant change in ransomware tactics. Their focus on high-value sectors raises the stakes for organizations in these industries.

Timeline

2025-09-01
Coinbase Cartel emerged and began operations
2025-09-30
Cartel claimed 14 victims in first month
2026-02-11
Articles published detailing the cartel's tactics