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Opimas estimates that over USD190 billion worth of bitcoin is currently at risk due to sub-par safekeeping

Opimas estimates that over USD190 billion worth of bitcoin is currently at risk due to sub-par safekeeping

A number of institutional participants and even some large cryptocurrency exchanges are relying on sub-par custody approaches when holding digital assets on behalf of clients, according to Opimas, with the company estimating that over USD190 billion worth of bitcoin is currently at risk as a result.

CYBERSECURITY

Cybersecurity, the cloud and Covid-19: Facing the challenges head-on

Cybersecurity, the cloud and Covid-19: Facing the challenges head-on

By George Ralph (pictured), Managing Director, RFA – The coronavirus pandemic has brought considerable challenges to the way hedge funds and asset management firms do business, with far-reaching consequences for cybersecurity, data safety and business communications. The need for fully flexible working around the pandemic continues to change. Collaboration tools have been key to successful working environments as staff need to work in the same way and securely, regardless of location.