Concerns Rise Over Supply Chain Attacks in Crypto Industry

Concerns Rise Over Supply Chain Attacks in Crypto Industry


Summary :
A series of pager attacks in Lebanon has raised concerns about potential supply chain attacks in the crypto industry. Although the attacks are not directly related to crypto, they have prompted worries about the security of hardware devices used to store digital assets. Crypto hardware wallets contain electronic components sourced from third-party manufacturers, making them vulnerable to compromise during the manufacturing and supply chain process. While manufacturers have implemented security measures such as spot checks and undercover workers, recent events in Lebanon have heightened concerns within the crypto community. The complexity of the pager attacks, with some components traced back to different companies, highlights the challenges of ensuring the integrity of hardware devices. It is difficult to determine if major manufacturers' devices are compromised, leading some security-conscious users to opt for multi-signature wallets with devices from multiple vendors. The crypto community is now on edge about the potential for supply chain attacks.

Sources :

- Protos