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5 strategies to mitigate side channel attacks on cryptocurrency hardware wallets

Published 08/21/2023, 07:07 AM
Updated 08/21/2023, 08:40 AM

Cryptocurrency hardware wallets have emerged as a trusted solution for securing digital assets against online threats. However, even these seemingly impenetrable devices are not immune to attacks. Side-channel attacks, which exploit unintended information leakage from the physical implementation of a system, pose a significant risk to the security of cryptocurrency hardware wallets.

This article will delve into the world of side-channel attacks, explore their potential dangers, and outline five effective strategies to mitigate them and protect your valuable crypto holdings.

Secure hardware design

Cryptographic countermeasures

Power and timing analysis protection

Software mitigations

Continuous monitoring and testing

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