Wednesday , May 15th 2019
CEO Brian Armstrong revealed a secret to its success to Wall Street Journal reporter Paul Vigna at Consensus this morning: it hires spies, unbeknownst to most of the staff, who attempt to infiltrate the exchange's offices and compromise the network. "We hire third-party firms to try and break into it," he explained. "They pose as candidates applying to work at Coinbase. Typically, only the head of security and I know that it's a drill. But the person will come in, and apply for a job, and try and get into the office, and try to break into our systems. They might breach one or two layers of security," Armstrong said.