SlowMist analyzes Ledger's suspected hardware implant attack: malicious module may steal mnemonic phrases via screen data cables.

SlowMist Security’s Chief Information Security Officer 23pds published an article stating that if the modification of a Ledger device’s printed circuit board (PCB) is exactly as described by former Mt. Gox CEO Mark Karpelès, the attacker would have a very high level of technical proficiency. The attack process would likely unfold as follows: The wallet generates a mnemonic phrase within its Secure Element (SE), then displays it on the screen for the user to copy. The malicious module retrieves t

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