How secure is Coinbase?

When it comes to the question of "How secure is Coinbase?", it's crucial to delve into the various aspects of their security measures. First and foremost, Coinbase is a highly regulated and well-known cryptocurrency exchange, which often brings a sense of reassurance for many users. However, the security of any platform relies not just on its reputation but also on the technical and operational safeguards it employs. For Coinbase, they boast robust encryption methods, secure storage of digital assets, and multiple layers of authentication for users. But, have there been any security breaches in the past? If so, how did Coinbase respond and improve? What kind of insurance do they offer to mitigate potential losses? And lastly, how transparent are they about their security practices and any potential vulnerabilities? These are all pertinent questions that any inquisitive user would likely pose to truly gauge the security of Coinbase.