Crypto wallet provider Trezor has launched a new desktop app called Trezor Suite for its hardware wallet.
According to an Oct. 14 blog post, Trezor’s parent company Satoshi Labs claimed its desktop app provides “more robust protection” than its browser-based wallet, and said they have eliminated the risk of phishing attacks that often target crypto users.
“People have the right to privacy and security online but few know how to achieve it,” stated the Trezor blog. “Using Trezor Suite should help everyone take full advantage of Bitcoin more easily and open the door to a more privacy-aware, crypto-competent, and self-sovereign society.”
Hardware wallets — despite being commonly used as a cold storage method — aren’t exempt from data breaches. In January, Kraken Security Labs showed that hackers could extract private keys from a Trezor hardware wallet with just 15 minutes of physical access to the device.
There has been fierce competition among major cryptocurrency wallet providers, with data security often at the