In light of a recent report by Chainalysis revealing a staggering $1.58 billion in losses from cryptocurrency hacks and exploits in 2020, Germany's Information Security Office has taken a firm stance in promoting the use of hardware wallets as a crucial security measure for crypto users. With the increasing prevalence of cyber threats targeting digital assets, the office recognizes the need for stronger protection measures and sees hardware wallets as a viable solution. This advocacy highlights the growing concern for information security in the realm of cryptocurrency and the urgent need for proactive measures to safeguard against potential losses.