Security firm G4S launches crypto custody service

posted about 2 months ago
UK based security services company G4S now offers a crypto custody service aimed to protect investors' holdings of digital assets. The firm said, with the rising popularity of cryptocurrencies, it developed the new service to offer "high-security offline storage that helps to protect assets from criminals and hackers."

Dominic MacIver, a senior risk analyst at G4S said "Our security solution is built on a foundation of 'vault storage'. We not only take the assets offline, but break them up into fragments that are independently without value and store them securely in our high security vaults, out of reach of cyber criminals and armed robbers alike."
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