Posts

Showing posts from September, 2022

Is Ledger Wallet Safe? Why Its Been Hack Last Year's

Image
The hacker took down the Ledger cryptocurrency wallet manufacturer. The data breach affected approximately 272,000 customers. Nearly one million email addresses were leaked. According to the company, personal information such as first and last names and postal addresses were exposed. Raidforums is a website that allows database sharing. The data was also stolen. Ledger hired a new Chief information security officer (CISO) and conducted a series of penetration tests to increase their security. These are the main facts, but is there more? Ledger Devices Are Uncompromised The hardware wallet's software, Ledger, was not compromised. The shipping information needed to purchase one of their products was stolen. This means that hackers can use this information to create Social engineering attacks that are currently a major cause of identity theft and security system compromises. These types of attacks don't just happen with cryptocurrency. They can also occur in many other settings. T