Hardware wallet Ledger discovered a vulnerability that can be used to crack all company issued devices, which will inevitably entail the loss of funds by users.
About the new risk of claiming the company warned on Twitter on February 3.
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To mitigate the man in the middle attack vector reported here https://t.co/GFFVUOmlkk (affecting all hardware wallet vendors), always verify your receive address on the device’s screen by clicking on the “monitor button” pic.twitter.com/EMjZJu2NDh— Ledger (@LedgerHQ) February 3, 2018
Ledger referred to the portal Docdroid. The message explains that the attack type “man in the middle” (means to intercept data) can be committed when the user attempts to create a new address for receiving bitcoins in the wallet Ledger. If the computer is used in the process, infected by malware, a hacker can secretly replace the code address is generated that will allow him to have all translations on your own wallet.
How can users protect their wallets?
Fortunately, users of Ledger wallets can protect yourself from this attack. The company gave several recommendations.
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The post A new vulnerability hardware Wallets Ledger Threatens the safety of cryptocurrency users appeared first on FineCrypto.