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What's the biggest security risk with hardware wallets & how to avoid it?

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The recent Ledger hack got me thinking what the biggest risk with a cold wallet is, Someone stealing your seed phrase? Signing a malicious transaction? A compromised app? Someone physically getting hold of your wallet?

There's so much talk about which wallet is the safest, but it feels like every wallet just protects against a different set of risks.

I’m looking for the most secure cold wallet now, so tell me what is the one attack vector you'd be most concerned about? And does your current wallet actually protect you against it?

submitted by /u/Square-Sentence7713
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