Does a metal seed backup protect against theft as well as fire?

No. Durability reduces physical destruction risk but not disclosure or theft. A found seed plate can give an attacker full control.

The answer

No. Durability reduces physical destruction risk but not disclosure or theft. A found seed plate can give an attacker full control.

What to do next

Separate physical access controls from fire protection and consider a tested passphrase or multisig strategy.

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