Lowers Risk Group Blog

7 Burning Issues for Crypto Cold Storage [Slideshow]

Written by Lowers & Associates | May 2, 2019 4:00:00 AM

7 Burning Issues for Crypto Cold Storage [Slideshow]

by Lowers & Associates | May 02, 2019

Demand is on the rise for cold storage vault services for cryptocurrency. As CIT and vault providers work to meet the demand, they are facing risks that are at once similar and very different from those they encounter with their cash services.

As a vault or transport provider, how well do you understand the risks of cold storage?

Our latest slideshow highlights 7 components of a risk assessment for cold storage providers of cryptocurrency. It looks at the following:

  1. The right safe for the job
  2. Control of digital threats
  3. Control of physical threats
  4. Identity verification
  5. Dual controls
  6. Access logs
  7. Procedural integrity

Flip through the slideshow here:

 

To learn more about custodial crypto transportation and storage, we invite you to download our whitepaper, Custodial Crypto Transportation and Storage: Understanding and Mitigating the Risks.

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Lowers & Associates provides comprehensive enterprise risk management solutions to organizations operating in high-risk, highly-regulated environments and organizations that value risk mitigation.
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