Part 10/13:
While hardware wallets are designed to resist hacking, very few have been compromised—that's a testament to their security. The few cases I’m aware of involved:
Physical access attacks, like in the Treasure Safe One, where the lack of a PIN was exploited. They addressed this with the Treasure Safe 3 and security chips.
Fault injection attacks, such as on early Coldcard models, which require sophisticated, physical, and expensive hacking tools.
In general, these attacks require the attacker to be highly targeted and physically present, making such breaches rare and impractical for most users.