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Author Topic: Can RFID be used to track down wallets?  (Read 274 times)
dkbit98
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June 27, 2022, 05:02:05 PM
 #21

That actually reminds me, if you set a passcode on a phone that has crypto wallets inside it and the phone is subsequently stolen, the thief is going to have a  hard time getting in there because practically all new smartphones make you wait enormous periods of time between unlocks if you keep entering the incorrect password.
This is trivial thing for anyone who understand how this devices work and have proper tools and software to unlock them.
We shouldn't worry about most of the hypnotized masses, but you only need to lose phone once for some expert to find it.
I doubt anyone smart would ever keep anything really valuable on their smartphone.

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hZti
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June 28, 2022, 07:50:54 AM
 #22



This is trivial thing for anyone who understand how this devices work and have proper tools and software to unlock them.
We shouldn't worry about most of the hypnotized masses, but you only need to lose phone once for some expert to find it.
I doubt anyone smart would ever keep anything really valuable on their smartphone.


The good thing is that 99% of thieves will just try to reset the phone to factory settings, so they are able to sell it. In any case you should never have more than 500 USD in a mobile wallet, which means that it is not really worth it for a thief to buy specialized equipment. Also if you have a seed backup you can quickly send the coins if your device gets lost or stolen. This should be easily doable before anyone can crack the phone. Only if he targets you specifically than the coins could be stolen.
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June 28, 2022, 04:35:44 PM
Merited by ABCbits (1)
 #23

The good thing is that 99% of thieves will just try to reset the phone to factory settings, so they are able to sell it.

As I said, this isn't even possible on Android (on iOS I am less sure) because the factory reset protection will completely lock up the phone, prompting for password or Google Account login (the account must have signed in from Android settings for this to work).

So save security exploits, such phones are as good as sealed.

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