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Hack history / 2023 / Hack or exploit

Trezor

Hack or exploit on May 25, 2023 · RDP downgrade attack

ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked

What happened

According to The Block, cybersecurity firm Unciphered claims it was able to hack into hardware-encrypted wallets powered by Trezor T models. In a YouTube demo, Unciphered showed exploiting the wallet vulnerability to extract the mnemonic private key from the wallet, saying the attack is only feasible if the attacker has physical access to the hardware wallet. Trezor CTO Tomáš Sušánka responded: "This appears to be a vulnerability called an RDP downgrade attack, which requires extremely sophisticated technical knowledge and advanced equipment. Even with the above conditions, Trezor can pass a powerful passphrase, making RDP downgrade attacks ineffective.” Trezor added that they have taken the important step of developing a new secure element for hardware wallets with their sister company Tropic Square to solve future problems.

Details

Date
May 25, 2023
Kind
Hack or exploit
Method
RDP downgrade attack
How in
Keys, accounts and infrastructure
Target
Wallet
Chains
not stated

Reported by

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Cite this pageSwanBluechip, "Trezor hack, May 25, 2023: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hteeb35c0822/ (data as of 2026-10-31).
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