A Novel Form of Cyberattack Exploits Wallet Cards with Unpatchable Flaws
A disturbing trend has been spotted in the world of cybersecurity, where hackers are using a novel form of attack to reset passwords on vulnerable wallet cards. The affected cards, produced by Tangem, rely on a unique combination of software and hardware to store sensitive information securely. However, it appears that some of these devices contain unpatchable flaws that can be exploited remotely.
The attack in question utilizes a technique called “laser attack,” where the perpetrator uses a laser pointer to modify the microchip within the wallet card’s casing. This modification allows the hacker to gain control over the device and reset the user’s password, effectively granting them unauthorized access to sensitive information stored on the card. The implications are alarming, as these wallet cards are designed to be used for storing cryptocurrency and other valuable digital assets.
The use of laser technology in this attack is particularly noteworthy, as it highlights the limitations of traditional security measures when faced with an adversary willing to invest time and resources into developing novel techniques. The fact that some Tangem wallet cards contain unpatchable flaws only exacerbates the issue, making them vulnerable to exploitation by hackers.
Tangem has acknowledged the existence of this vulnerability and is urging users to take immediate action to secure their devices. However, for those whose cards are no longer supported or patched, the situation becomes increasingly dire. In these cases, users may be forced to resort to replacing their wallet cards entirely, a costly and inconvenient process.
The Tangem incident serves as a stark reminder of the importance of robust security measures in the face of evolving cyber threats. As AI-powered attacks continue to emerge, organizations must prioritize proactive defense strategies that account for the growing sophistication of malicious actors. In this case, users are advised to carefully review their wallet card’s specifications and take steps to mitigate potential risks, including monitoring their accounts closely for suspicious activity.
Ultimately, the Tangem vulnerability underscores the need for greater transparency and accountability in the development and deployment of secure hardware solutions. As we move forward in an era of increasing cyber threats, it is essential that manufacturers prioritize security-by-design principles and work with experts to identify and address potential vulnerabilities before they can be exploited by malicious actors.
Source: The Hacker News — 2026-07-10