The article indicates "Since the attack requires physical access to the device, protecting it in a secure location completely mitigates the risk of attack." So I guess that means I need a safe for my hardware wallet?
Would be happy to see Trezor as a success story but it sort of makes you wonder about the company when the full name of each founder isn't on their company website and they are just referred to as Slush (CEO) and Stick (CTO). https://trezor.io/
Anything that humans build will inherently have bugs and problems. This is why it’s always a great idea to layer your security. I.E. your safe for your hardware wallet. Even if someone can compromise your Trezor if they have physical access, there are still a ton of security benefits such as avoiding compromise by malware on the laptop or phone that you’re connecting your hardware wallet to.
Being in the crypto space I can sympathize with the founders of Trezor as they are inevitably targets for hackers and malicious individuals who want to break into the Trezor ecosystem. I can understand why they might want to maintain anonymity. Most of their hardware and software is open source which is also a plus.
Agreed that layering security is always a good practice. I still find it odd that Trezor indicates "You are in good company. Led by renowned experts of the crypto industry." and then proceed to show the images of the company leadership named "Stick" and "Slush." It doesn't instill confidence and there have been plenty of exit scams where the project leads mask or fake their identities - and that hasn't been good for development of this industry.
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Manny Amadeo replied:
The article indicates "Since the attack requires physical access to the device, protecting it in a secure location completely mitigates the risk of attack." So I guess that means I need a safe for my hardware wallet?
Would be happy to see Trezor as a success story but it sort of makes you wonder about the company when the full name of each founder isn't on their company website and they are just referred to as Slush (CEO) and Stick (CTO). https://trezor.io/
Philip Hutchins replied:
Anything that humans build will inherently have bugs and problems. This is why it’s always a great idea to layer your security. I.E. your safe for your hardware wallet. Even if someone can compromise your Trezor if they have physical access, there are still a ton of security benefits such as avoiding compromise by malware on the laptop or phone that you’re connecting your hardware wallet to.
Being in the crypto space I can sympathize with the founders of Trezor as they are inevitably targets for hackers and malicious individuals who want to break into the Trezor ecosystem. I can understand why they might want to maintain anonymity. Most of their hardware and software is open source which is also a plus.
Manny Amadeo replied:
Agreed that layering security is always a good practice. I still find it odd that Trezor indicates "You are in good company. Led by renowned experts of the crypto industry." and then proceed to show the images of the company leadership named "Stick" and "Slush." It doesn't instill confidence and there have been plenty of exit scams where the project leads mask or fake their identities - and that hasn't been good for development of this industry.