WSJ Tech News Briefing The Showdown Between Coinbase and Big Banks
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Feb 3, 2026 Amrith Ramkumar, a WSJ tech and crypto policy reporter, outlines the clash between Coinbase and major banks and Brian Armstrong's role. Angus Loten, a WSJ cybersecurity reporter, explores rising insider threats and how attackers recruit and exploit employees. They cover bank-crypto friction, stablecoin tensions, recruitment tactics, and the costs of insider breaches.
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Employee Discontent Fuels Insider Threats
- Rising insider threats reflect workplace unhappiness from flat hiring, stagnant wages, and layoffs in tech.
- Disgruntled employees provide attackers front-door access that bypasses strong technical defenses.
Watch Social Signals For Insider Risk
- Monitor public employee posts on sites like LinkedIn and X for signs of disgruntlement to preempt recruitment by attackers.
- Investigate and engage flagged employees to reduce their susceptibility to malicious outreach.
Insider Breaches Are Costlier Than They Seem
- Insider-enabled breaches tend to cost more than average data losses, partly due to reputational and culture damage.
- IBM estimates insider incidents can cost around $5 million when factoring ransom, downtime, and lost business.