• Concerns about an uptick in phishing attacks targeting users have been heightened.
  • Criminals can use the compromised email accounts to launch other phishing attacks.

A security issue affecting over 66,000 customers was recently reported by Trezor, a manufacturer of crypto hardware wallets. Concern among those involved with digital assets has been heightened by the announcement of this occurrence on January 20.

The contact information of users who have interacted with the support staff since December 2021 may have been exposed when Trezor discovered illegal access to a third-party help site on January 17.

Suspicious Communications

After the hack, Trezor moved quickly to reduce any dangers. The fact that the firm claims no user money has ever been hacked is quite noteworthy. Even with this guarantee, there are still worries about possible phishing attempts due to the incident.

Criminals often use phishing, an impersonation of a reputable entity, to steal critical information. Notifying impacted users and advising them to be wary of unwanted communications requesting personal data was Trezor’s quick reaction. Concerns about an uptick in phishing attacks targeting Trezor users have been heightened by this instance. There have been reports of at least 41 people getting suspicious emails asking for details on their recovery seeds.

In addition, the trial discussion platform of the third-party provider contained eight individuals whose contact data were compromised. According to Trezor, being vigilant is crucial because criminals can use the compromised email accounts to launch other phishing attacks.

This hack is being further scrutinized due to Trezor’s track record of security problems. Previous incidents, such as a March phishing attempt that sought users’ recovery phrases and schemes involving counterfeit hardware, demonstrate the industry-wide persistence of the threat environment.

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