Crypto Owners Exposed to Physical Attacks After Shipping Company Data Breaches

Crypto hardware wallet owners face fresh security risks after recent data breaches at shipping companies exposed their personal information, making them vulnerable to physical attacks on their homes. According to Trezor and SafePal, thousands of their customers' names, home addresses, email addresses, and phone numbers were stolen during separate hacks at their shipping partners.

The hackers targeted the broader supply chain of tech companies, rather than compromising the security of the wallets themselves. However, this breach exposes crypto owners to physical attacks that rely on obtaining the seed phrase stored on the wallet by force or violence, known as wrench attacks.

CertiK confirmed dozens of reported wrench attacks during 2025, up by 75% from the previous year, with robbers stealing upwards of $40 million. Chainalysis puts this year's figures at closer to $30 million so far, with gangs using kidnapping and home invasions to demand a person's crypto seed phrase.

Both Trezor and SafePal also warned customers to stay vigilant against phishing attacks, which rely on sending targeted messages to a person's phone number or email address in an attempt to steal their crypto.