Suggestions for ensuring security after a ledger data breach.

Ledger Data Breach Statement

Ledger, as one of the most popular manufacturers of hardware wallets in the cryptocurrency world, confirmed that a group of customer data was exposed following a data breach caused by a third-party payment processor called Global-e. This incident raised waves of concern in the crypto community following the announcement on Monday.

Are User Data Safe?

Following the breach, Ledger officials stated that private keys, wallet funds, and payment information were not accessed. However, the names and contact information of users who purchased devices through its online store were leaked. This situation has reignited fears of long-standing data leaks and the potential risks they could pose in the real world.

Security Warnings

Security researchers emphasized that similar cyber attacks following previous Ledger data breaches had led to wallet takeovers, financial losses, and in some cases, concerns about physical targeting. Such incidents also bring along threats known as "key attacks."