the risk management blog
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…
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…
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…
The college admissions scandal has caused quite a stir in the media over the last few weeks. The stories have varied, the fraudsters are unique to each situation, but in the end it’s the same old tale; the rich…
The fundamental risk of cryptocurrency (‘crypto’), aside from market risks, is custody. Simply put, the high value of crypto, with the equivalent of over $100 billion in circulation (at this time), provides ample motivation to steal it. Hot vs…