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Is Ledger safe?

Short answer: Is Ledger safe?

Ledger has a customer-funds incident on record (2023-12), with Ledger committed to reimburse victims; it remains eligible under our rules. Other incidents on record: firmware vulnerability (2026-08); data breach (2020-07). Regulatory actions in the last 5 years on record: 0.

Data as of · Last updated · By VaultRubric Research · How we score · Not investment advice.

Ledger has a customer-funds incident on record (2023-12), with Ledger committed to reimburse victims; it remains eligible under our rules. Other incidents on record: firmware vulnerability (2026-08); data breach (2020-07). Regulatory actions in the last 5 years on record: 0.

This page answers “Is Ledger safe?” only from VaultRubric's sourced record (security incidents, regulatory actions, licensing and protections), as of 2026-10-11. It is not a guarantee: no platform is risk-free, and safety also depends on how you use it (2FA, phishing, backups).

How we rate it

Security: 5.5/10. base 7, +1.5 secure element, +0.5 partially open-source, 0 data breach (2020-07, >48 months, no customer funds lost), −3 customer funds loss (2023-12), −0.5 firmware vulnerability (2026-08)

Overall VaultRubric score across all hardware wallet options we track: 71.5% (data coverage 100%). How incidents are scored · hack cap.

Security incidents on record

DateTypeWhat happenedSources
2026-08firmware vulnerabilityLedger Security Bulletins 023 and 025: Secure SDK command-interleaving flaw (fixed SDK v26.6.1) and Ethereum app swap flow that could sign a token approval without display (fixed in app 1.22.3); device OS unaffected; no funds loss reporteddonjon.ledger.com, donjon.ledger.com
2023-12customer funds lossLedger Connect Kit supply-chain attack: malicious library version drained ~$600K from users blind-signing on EVM dApps; Ledger committed to make victims whole via a claims process (by Feb 2024)www.ledger.com, support.ledger.com, www.theblock.co
2020-07data breachE-commerce DB breach: ~1M emails, ~272k detailed customer records leaked; devices/funds unaffectedwww.ledger.com

Protections and licensing

Regulatory actions

None in our sourced record.

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FAQ

Is Ledger safe?

Ledger has a customer-funds incident on record (2023-12), with Ledger committed to reimburse victims; it remains eligible under our rules. Other incidents on record: firmware vulnerability (2026-08); data breach (2020-07). Regulatory actions in the last 5 years on record: 0. No platform is risk-free; see the full record on this page.

Has Ledger been hacked?

Yes. 2023-12: Ledger Connect Kit supply-chain attack: malicious library version drained ~$600K from users blind-signing on EVM dApps; Ledger committed to make victims whole via a claims process (by Feb 2024)

How does VaultRubric score Ledger?

Ledger scores 71.5% across all hardware wallet options we track, with 100% data coverage. See /methodology.

Disclosures

Not investment or financial advice. VaultRubric compares platforms, not investments. Crypto is risky and rates change often; verify details on the provider's official site. Affiliate disclosure: some links may be affiliate links and we may earn a commission; this never changes scores. Details.