Top Stories· August 17, 2026 at 01:00 p.m.
Data Breaches at Crypto Shipping Partners Pose New Security Risks for Hardware Wallet Owners
Key takeaways
- Thousands of cryptocurrency owners' personal data compromised
- Wrench attacks on the rise with over $40 million stolen in 2025
- Data breaches did not affect wallet security but exposed customers' information
Two separate data breaches at shipping companies have compromised the personal information of thousands of cryptocurrency owners with physical hardware wallets, potentially exposing them to physical attacks and increasing risks in the broader tech ecosystem. The breaches did not affect the security of the wallets themselves but exposed customers' names, home addresses, email addresses, and phone numbers. This information can be used by attackers to target victims for wrench attacks, a type of real-world attack on high-net worth crypto holders that has seen a 75% increase in reported incidents in 2025.
