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Trezor Email Provider Breach Lets Hackers Send Phishing From Official Domain

The episode shows how compromises of vendor infrastructure can produce highly convincing security alerts that raise targeted phishing risk after a prior customer data leak.

Overview

  • Trezor said Wednesday that a third-party email provider it uses was breached and that attackers sent a phishing message titled "Critical Security Alert: STM32 Entropy Vulnerability" from a legitimate Trezor domain.
  • BitBox and several other hardware wallet firms reported similar emails, and security researchers say the pattern points to a likely compromise of a shared newsletter or marketing provider.
  • Trezor has taken down the affected domain and opened an investigation into how the attackers gained access; officials say the company has not reported any loss of cryptocurrency tied to the campaign so far.
  • The fake alert played on recent real-world fears about weak random number generation by claiming an STM32 microcontroller entropy flaw that could expose recovery phrases, increasing the chance users would follow malicious links.
  • This attack follows an August ShipMonk breach that exposed roughly 81,000 Trezor customer records, a combination experts say makes phishing more credible and highlights repeated third-party supply‑chain risk for wallet ecosystems.