Wallet users get calls and emails about security breaches or suspicious activity

​Trezor team warns of the massive phishing attack

01.03.2023 - 13:20

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3 min

What’s new? Representatives of Trezor, a hardware cryptocurrency wallet maker, reported on Twitter about “the active phishing scam.” Attackers contact victims via phone call, SMS and/or email to report that their account has allegedly experienced a security breach or suspicious activity. The Trezor team urged users to ignore these messages because they have nothing to do with the company.

What else did Trezor report? The company’s representatives stressed that they would never contact their customers via phone calls or SMS. They also assured that no evidence of a possible database hack was found. After this one subscriber asked how then the scammers could know that he is the owner of the Trezor device. In response, the company admitted that the victims of the attack are chosen at random. Probably, due to mass mailing, the attackers have a chance to reach out to the company’s customers.

On January 9, representatives of the wallet also warned about phishing attacks via email. At that time, attackers posing as Trezor sent out emails stating that a “wallet has failed to complete the new Ethereum Merge.”

What is known about Trezor? It is the world’s first hardware wallet for storing bitcoin and other cryptocurrencies, created in 2014 by SatoshiLabs. Trezor can operate without a network connection. In November 2022, after the collapse of the FTX crypto exchange, Trezor recorded a 300% increase in sales. The company attributed this to declining confidence in centralized crypto asset custody services.

In February, Trezor announced the launch of its own production of chips for hardware wallets, which will allow it to respond quickly to increased demand from users by shortening supply cycles.

For what to look for when choosing a cryptocurrency wallet, see GetBlock Magazine’s special feature.

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