- An organized tampering attack targeting products from French hardware wallet maker Ledger led to reports of about $90 million in stolen assets.
- Custom components designed to intercept recovery phrases were inserted into genuine devices, allowing attackers to bypass the security chip while still passing authenticity checks.
- Cases involving Ledger, Coinkite and Trezor show that safeguarding digital assets is tied to risks spanning manufacturing, distribution, software and external services.
Forecast Trend Report by Period
A hardware wallet bought to keep cryptocurrency safe instead became a conduit for theft. A criminal group opened the devices, hid malicious components inside…
