SafePal latest crypto hardware wallet maker affected by breach, with nearly 40,000 impacted
SafePal, a company that makes cryptocurrency hardware wallets, confirmed a data breach affecting nearly 40,000 customers. Personal information was stolen in the incident, which SafePal disclosed on Sunday.
Why this matters: Hardware wallets exist specifically because people want to keep their crypto safer. Buying one means trusting a company with your personal details. If that company gets breached, attackers now know who holds cryptocurrency and how to reach them. That is a short list of people worth targeting for phishing, SIM swaps, or physical threats. SafePal is not the first hardware wallet company hit this way. At this point, any company that sells security products to crypto holders needs to treat its customer database like a very sensitive target — because it is.
Who should care: Cybersecurity · Privacy officers · Administrators
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