A Primer on Digital Asset Protection with Ripple Custody

While crypto custody solutions can offer a wide range of digital asset management features and benefits, securing digital assets is their primary purpose. Threats to this security can arrive on many fronts. Phishing scams, social engineering attacks and compromised credentials are pervasive risks, with fraudulent websites, fake support teams and malicious software all able to deceive users into sharing private keys or authentication details.

The consequences of inadequate protection can be catastrophic. The recent Bybit exchange hack resulted in $1.46 billion in stolen digital assets, making it the largest hack in crypto history. Never has there been a more important time to ensure the highest levels of security for your and your customers’ digital assets.