The space seems to be now moving toward multi-signature contract wallets, which if set correctly, should be fully secure. A step backwards in UX, and an opportunity for a new product to fill the void that Ledger was thought to cover.
"Weโll start with the whitepaper of the protocol of Ledger Recover, and then weโlll release the Recover code of the firmware. Finally weโll gradually open source a larger part of the OS - this has always been something that is important for Ledger, and the community." - @P3b7_