Trezor Releases Important Wallet Security Update 1.6.3

Popular hardware wallet Trezor One just recently revealed firmware update1.6.3 This is an important update which handles the gadget’s security, amongst a couple of other modifications.
1.6.3 is a growth of a previous security update: 1.6.1. In their really current blog site post, Trezor specifies that “The security patch fixes the same physical attack vector as the one described in the aforementioned update. There is no evidence that this vulnerability has been used in practice”.
Trezor additional discusses that “the newest firmware verifies the authenticity of the bootloader in the device. The bootloader checks the signature of the firmware. If both are genuine, your device will not display a warning, and therefore your Trezor is safe to use”.
An confidential security scientist informed Trezor about their 1.6.1 update, discussing that there were other attack possibilities still not fixed by 1.6.1. The Trezor group utilized the ideas to make additional updates.
Trezor discusses that existing Trezor users (with currently set-up and working gadgets) are not likely to be impacted by the exact same attack vulnerability. However, if a user has simply recently bought a Trezor One, then it is crucial for them to set up or update the gadget with the most current firmware prior to usage.
Among other functions, the Trezor One firmware update 1.6.3 likewise consists of the addition of 80 more ERC-20(Ethereum blockchain based) tokens that are now suitable with the gadget.
Trezor: History of security problems
It is very important to keep in mind that there were previous security problems with Trezor firmware (1.5.2), resulting in lots of users losing their funds in2017 Previously, the general public likewise raised questions (2017) about the hardware security of Trezor, specifying that Trezor utilizes “non-secure chips made by STMicroelectronics”.
The Trezor team discusses that“the STMicroelectronics chip STM32F205 used in the TREZOR One device contains a flaw, which effectively disables the write-protection employed to protect the bootloader of the device. This is an unexpected and undocumented behavior of the chip. Once the issue was disclosed and replicated, we immediately reached out to the chip manufacturer, STMicroelectronics” Trezor dealt with STMicroelectronics to solve the problem.
It’s a favorable indication to see that Trezor is making continued updates and efforts towards additional security and client care. For information on ways to update your Trezor firmware and bootloader, click here.

