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Trezor’s Social Media Account Compromised in Security Breach

source-logo  coinspress.com 21 March 2024 03:00, UTC

Trezor, a hardware wallet manufacturer, recently faced a security incident on its official social media account.

Suspicious posts promoting fraudulent presale token offerings, suspected to be the result of a SIM-swap attack, were shared by the account. Independent blockchain researcher ZachXBT alerted his followers, and Crypto security service Scam Sniffer also flagged the activity.

The posts advertised a fake presale token called ” $TRZR” on the Solana network, urging users to send funds to a specific Solana wallet address. Links included in the posts directed users to wallet drainers. Additionally, the hacker allegedly stole approximately $8,100 from Trezor’s Zapper account.

The incident sparked criticism from the crypto community, with users questioning Trezor’s security measures. Some pointed out the irony of a security-focused hardware wallet firm failing to secure its own social media account.


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Despite attempts to remove the posts promptly, concerns about account security remain unresolved.

Trezor had previously experienced a security breach in January, which exposed the contact information of nearly 66,000 users. Despite these setbacks, Trezor remains a prominent player in the hardware wallet market, having sold over 2 million devices since its launch in 2012.

coinspress.com
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