Pleb UnderGround
COFFER - Cyber Security Expert Joins Pleb Underground
- Ledger hardware wallet compromised via third-party reseller; attackers drained approximately $86–100 million in user funds despite Ledger's security measures.
- Best practices for purchasing signing devices include buying directly from manufacturers, paying in cash or Bitcoin when possible, and avoiding third-party resellers.
- Firmware updates and refreshing devices with manufacturer-signed versions mitigate supply chain attack risk; maintaining updated software across all devices protects against most active threats.
- Cold Card's five-year vulnerability exploited in a sophisticated, precise attack raises questions about whether it was an inside job versus external hacking; closed-source code components prevent community security review.
- Social engineering and phishing remain the primary attack vectors (80–85% of data breaches); attackers pose as legitimate companies, government contractors, and support teams to bypass user defenses.
- OPSEC (operational security) requires understanding personal risk tolerance, trade-offs, and threat models; everyone remains vulnerable despite expertise, but knowledge reduces susceptibility.