Pressure mounting on Ledger as security issues surface

Bitcoin hit a new all time high recently and we've been floating in that region for a couple of days now. You get the feeling that something huge is brewing in the backburner, especially with the increased interest from big corporations. However, the good news has come with some baggage because just like flies revolve around shit, the scammers are lining up to line their pocket from unsuspecting investors.

In a shocking turn of event, Ledger hardware wallet provider found themselves on the wrong end of the dark art of hacking. The hackers targeted customer information and gained access to 1,075,382 email addresses from users subscribed to the Ledger newsletter, and 272,853 hardware wallet orders with information including email addresses, physical addresses, and phone numbers.

This recent event in this shitstorm themed year sort of makes you wonder how safe you are, particularly with all the data you have stored in centralized exchanges.

The hack has all the hallmarks of corporate sabotage since it was just the marketing database but that would be pointing fingers at Trezor or any other hardware wallet provider. While it is not out of the question to imagine, there's no real gain, since everybody just lumps them together and generally leads to FUD anyways.

For what it is worth, no token was directly lost due to the hack but it leaves the victims in a vulnerable position. Having all your data out there leaves you open to phishing attacks or even physical attacks. conversations about potential lawsuits against the wallet provider have also surfaced in the main time since this breach was a breach in their privacy policy.

I'll be paying attention to the saga, and see what unfolds as time goes by. Regardless of how things proceed at the end of the day, this event will leave a permanent scar, and a dent to the company's reputation.

Pressure mounting on Ledger as security issues surface

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