Ledger data leakage puts users at risk of physical harm

Users of Ledger hardware wallets may be at risk of physical attacks due to a leakage of user data by suspected hackers.

While affected users threaten legal action for leaking Ledger data, some wallet owners may be at risk of being visited by criminals. According to a Redditor called „u/relephants,“ some users have begun receiving threatening e-mails demanding a payment of USD 500 or risk being attacked in their homes.

Ledger users threaten legal action after a hacker makes Immediate Edge their personal information public
This development opens up another risk factor for Ledger users whose private information has been leaked by the hacker. In addition to home invasions, affected Ledger owners also have to deal with phishing and SIM exchange attacks, among others.

Actual Bitcoin-related burglaries are not uncommon, especially when the victim is known to be a holder of the popular kryptonet. In September 2019, a Norwegian millionaire was forced to jump from a second-floor balcony to escape armed robbers.

Norwegian Bitcoin millionaire jumps from his balcony to escape from an armed robber
The Ledger data dump also provides a clear insight into the dangers of centralised storage of customer data. Meanwhile, US authorities are pushing for owners of non-custodial wallets to strictly comply with their customer knowledge (KYC).