---
title: "Highlight Clip: Ledger CEO: Everybody will be hacked at some point"
url: https://thecoingazette.com/highlight-clip-ledger-ceo-everybody-will-be-hacked-at-some-point/
date: 2026-11-11
modified: 2026-11-11
lang: en
author: "Coin Gazette Editorial"
description: "Ledger CEO: perfect security impossible; 0.01% losses; hardware wallets still safer than centralized institutions; threats to worsen annually."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 120
---

# Highlight Clip: Ledger CEO: Everybody will be hacked at some point

Ledger CEO: Everybody will be hacked at some pointIn an interview with Bloomberg Television on November 10, 2026, Ledger CEO Pascal Gauthier was asked how the hardware wallet maker could reassure users about the security of its devices. He said perfect security does not exist and that Ledger can be hacked like any other organization. Gauthier said the losses amounted to about 0.01% of the assets Ledger protects. He said the hardware wallet industry has suffered smaller losses than centralized institutions, both in dollar terms and as a share of assets, and argued that decentralized security remains more effective. He added that the market still needs banks and Binance and that he expects security threats to worsen year after year.