Security questions arise with Ledger’s new offline key recovery options rollout

Ledger launched new devices for Flex and Stax models to enhance security. The Recovery Key system allows offline access to private keys, storing the master secret on a smart card. However, this feature raises security concerns regarding potential abuse or PIN compromise.

The new recovery options aim to improve user experience by providing multiple security layers. Users can create multiple recovery keys, offering more options for managing crypto assets securely. Despite these features, concerns about the compromise of user identities remain.