Trezor Restructures Reseller Network After Ledger Security Breach
- Trezor will reduce its authorized reseller network starting Jan. 1, 2027.
- The decision follows a security incident involving Ledger on Oct. 9, where attackers compromised devices via a third-party reseller, causing $93 million in losses.
- Trezor emphasizes there is no evidence of compromise to its own hardware wallets, describing the move as precautionary.
- Trezor aims to enhance supply chain oversight by reducing partners and ensuring thorough scrutiny of each device’s journey from manufacturer to customer.
- The company plans to implement an updated legal framework and closer checks on how devices are sourced, stored, and handled.
In response to growing concerns over hardware wallet supply chain security, Trezor is tightening its distribution network by reducing its authorized resellers from January 2027 onward. This decision comes after a significant security breach at Ledger resulted in substantial financial losses due to tampered devices sold through a third-party reseller.
By cutting back on resellers and increasing scrutiny over the supply chain process, Trezor aims to prevent similar incidents and protect customer assets effectively.(Source)
