Skip to main content

Researcher Cracks 'Hacker-Proof' Crypto Wallet

A virtual currency hardware wallet with millions of users has been compromised. Saleem Rashid explained how he cracked the firmware on the wallet produced by Ledger using what's known as a "supply chain" attack. That means a targeted device is compromised before any users get their hands on it. The attack on Ledger's $100 Nano S wallet creates a backdoor on the device that generates predetermined wallet addresses and passwords. With that information, a bandit might be able to send money from the wallet to his own account.

from TechNewsWorld http://ift.tt/2GfErZC
Labels:

Comments

Post a Comment

Popular posts from this blog

Manifesto Hatched to Close Gap Between Business and IT

The BizOps Coalition hopes to bridge the gap between technology investments and business outcomes through an effort called the BizOps Manifesto. The BizOps movement has gained traction with leading organizations, helping them to better align IT with business outcomes. But more needs to be done. That led to the Manifesto's creation. from TechNewsWorld https://ift.tt/35oXxXx
Post a Comment
Read more

Protecting Kids From Immersive Tech Could Lead to Over-Censorship

Attempts to protect children's safety in the two-dimensional realm of online social media could adversely impact the 3D world of augmented and virtual reality, according to a newly released report by a technology think tank. The post Protecting Kids From Immersive Tech Could Lead to Over-Censorship appeared first on TechNewsWorld . from TechNewsWorld https://ift.tt/iroRM6I
Post a Comment
Read more

Grocery Home Delivery May Ride on Cold Chain Technology

The innovative Phononic EV might be driving a new solution to deliver groceries efficiently and sustainably and, at the same time, rival Amazon’s planned aerial grocery delivery drone package delivery system. The post Grocery Home Delivery May Ride on Cold Chain Technology appeared first on TechNewsWorld . from TechNewsWorld https://ift.tt/i1FKbG9
Post a Comment
Read more