the risk management blog

byLowers & Associates | June 20, 2019

It is no secret that cryptocurrency is captivating audiences and opportunists on a global scale. By utilizing the cryptocurrency model of block chain technology, users can perform transactions more quickly and anonymously. As such, many believe cryptocurrency was initially…

byLowers & Associates | May 28, 2019

Can the Fraud Triangle Help Us Understand How the Higher Ed Admissions Bribery Scandal Happened?   High-profile stories of fraud in corporate America are commonplace, but the details surrounding Operation Varsity Blues – the biggest college admissions bribery scandal…

byLowers & Associates | May 08, 2019

Cryptocurrencies have two faces that present two different sets of custodial issues. One face of these digital assets is that they are weightless strings of binary code that can be flashed around the globe instantaneously. They are accessed through…

byLowers & 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…

byLowers & Associates | April 24, 2019

Custody of cryptocurrency in transit or in storage poses some specific risks that differ somewhat from the usual high-value small sized items, like jewelry. Cash in Transit (CIT) service providers will have to adjust security routines to take these…