Trezor Crypto Wallet Broken, Users Asked To Beware Of Phishing Attacks

Trezor's physical crypto wallet, commonly called hardware wallet or coldwallet. (Photo; Doc. HardwareWallet)

JAKARTA - Trezor, one of the most popular physical crypto wallet manufacturers, recently revealed data breaches affecting some 66,000 of its users. This incident, announced on January 20, raised great concerns among the crypto asset community.

Trezor admitted to detecting illegal access on third-party support portals on January 17, potentially leaking details of user contacts interacting with support teams since December 2021.

Responding to the breach, Trezor has taken proactive steps to reduce risk. The company insists that user funds are not affected by this data breach. However, Trezor also reminded users to be careful of possible phishing attacks.

Additional information, phishing is a common cybercrime technique, in which scammers disguise themselves as trusted entities to extract sensitive information from victims. Trezor responded quickly to this incident, by informing affected users via email and social media, as well as encouraging them not to provide their personal data to unknown parties.

This incident adds to concerns over the increasing phishing efforts targeting Trezor users. According to a Trezor report, at least 41 individuals have reported receiving suspicious emails asking for information about their recovery seeds. The recovery seeds are a series of words used to restore access to crypto wallets if the device is lost or damaged.

In addition, eight users who have accounts on third-party trial discussion platforms also experienced violations of their contact details. The platform was used by Trezor to test new features before being officially launched. Trezor stressed the importance of vigilance, as attackers can exploit email addresses revealed for further phishing schemes.

This data breach has attracted additional attention to Trezor's security track record. Past events, including phishing attacks in March 2021 targeting users' recovery or seed prise and fraud involving fake physical crypto wallets, highlighting persistent threats in the crypto sector.

However, Trezor also demonstrates its commitment to customer security and protection by informing and educating its users about this risk.

Trezor is one of the world's first and most popular hardware crypto wallets. Trezor allows users to store their crypto assets offline, making them more secure from hacking. Trezor supports more than 1,000 types of crypto assets, including Bitcoin, Ethereum, and Litecoin. Trezor also has additional security features, such as PIN, passphase, and two-factor authentication.