Scammers target hundreds of thousands of crypto owners after Trezor confirms data breach of email provider

Hardware crypto wallet manufacturer Trezor has confirmed a significant data breach involving a third-party email service provider. This incident marks the second time the company has been affected by a security failure at a partner organization. The breach has exposed the contact information of hundreds of thousands of users, creating a prime opportunity for malicious actors to launch targeted phishing campaigns. Scammers are reportedly leveraging the stolen data to send deceptive emails to Trezor customers, attempting to trick them into revealing sensitive information or transferring assets. Trezor has advised its user base to remain vigilant against suspicious communications and to never share their recovery seed phrases. The company is currently working with the affected service provider to mitigate the impact and secure the compromised systems. This event highlights the ongoing risks associated with supply chain dependencies in the cryptocurrency industry, where third-party vulnerabilities can have severe consequences for end-user security.