Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

TOP SEARCHES

Stocks popular

Crypto

Currencies

CFD

Support

Trezor Strengthens Security After Ledger’s Vulnerability Discovery

image
icon 13/03/25
icon 68

Trezor Strengthens Security After Ledger’s Vulnerability Discovery

Trezor, a provider of hardware wallets, has successfully addressed a security vulnerability found in its latest Safe 3 and Safe 5 models, following a revelation from rival company Ledger’s research division. The flaw was identified within the microcontrollers of these devices, leading to concerns that they could be susceptible to sophisticated hacking attempts.

Despite Trezor’s recent security enhancements, the vulnerabilities pointed out by Ledger suggested that cryptographic operations could still be exploited by attackers. Trezor has since taken steps to mitigate these risks, reinforcing the belief within the industry that improved security measures are crucial for fostering wider acceptance of cryptocurrencies and digital assets.

One of Trezor’s prior innovations includes the introduction of “Secure Elements,” specialized chips that safeguard users’ PIN codes and cryptographic data. These defenses are particularly effective against basic hardware attacks such as voltage glitching, which can compromise device security. Ledger acknowledged that this feature enhances user confidence, assuring them that funds remain protected even in scenarios where devices are lost or stolen.

However, Ledger’s analysis revealed another potential vulnerability linked to the microcontroller, a key component in Trezor’s dual-chip architecture. Although Trezor had mechanisms in place to detect modified software through firmware integrity checks, Ledger demonstrated that these defenses could be circumvented. Trezor has since remedied this specific issue, although the methods used to do so have not been disclosed.

Despite the resolved vulnerabilities, Trezor reassured users through social media that their funds are secure and that no immediate action is necessary. It is essential to note that in the realm of cybersecurity, absolute security is elusive, prompting Trezor to advocate for vigilance among users, particularly emphasizing the importance of purchasing devices from authorized sellers. The landscape of hardware security also reveals that even Ledger has faced its share of breaches, highlighting ongoing challenges in the sector.

Recomended for you

image

Crude Prices Drop After IEA Monthly Report

On Wednesday, crude prices dropped and gave back earlier gains after the IEA reduced its forecast for this year’s demand...

May 15, 2024
icon 569
May 15, 2024
icon 569
prev next
This site is registered on wpml.org as a development site.