Two more hardware wallet companies, Foundation and Keystone, have been hacked, exposing customer data. According to the companies, the crypto stored on their devices wasn't affected, but that doesn't mean there is no risk.
In Foundation's case, attackers managed to access parts of its infrastructure and send emails from the company's real email addresses. At Keystone, nearly 26,000 customer records were reportedly exposed, including names, addresses, and order details. The company also found that attackers had obtained a key used to verify device authenticity, forcing it to destroy more than 18,800 wallets in its inventory.
And this isn't the first time we've seen security issues involving hardware wallet companies. Ledger, Coldcard, and Trezor have also faced security incidents and data leaks.
My opinion is that this is becoming a serious problem for the hardware wallet industry. Even if hackers can't directly access your crypto, knowing your identity and home address could make you a target for physical attacks, including the so-called wrench attacks that we've been seeing more frequently recently.