Keystone Halts Shipments After Hackers Steal Verification Key
Keystone has destroyed 18,835 devices and halted shipments after hackers stole a key used to verify genuine wallets.
Hardware wallet manufacturer Keystone has confirmed a significant escalation in a recent security breach, disclosing that hackers stole a private key capable of bypassing authenticity checks for counterfeit devices.
According to Cointelegraph, the security compromise forced the company to destroy 18,835 hardware devices and immediately halt all outgoing shipments to protect users from potential supply chain spoofing.
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Security Breach Escalation
The incident began with an initial disclosure regarding a leak of customer information. However, subsequent internal reviews revealed the much more severe theft of the wallet-verification cryptographic key.
Company Response
The firm took aggressive containment measures, opting to scrap nearly 19,000 units and freeze distribution channels to ensure compromised verification tools cannot be used to distribute fraudulent hardware to consumers.
Key facts
- Hackers stole a key used to verify wallets as genuine
- Keystone destroyed 18,835 devices as a result of the breach
- The company halted all hardware shipments
- The incident follows an initial disclosure of customer information leaks
Source: cointelegraph.com
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