Overview:
At Digisett, the security of digital assets is our utmost priority. To ensure the highest level of protection, we employ a 100% cold wallet storage strategy, fortified by cutting-edge air-gapped technology. This policy outlines the principles and practices governing the secure storage of digital assets within our organization.
1. Cold Wallet Storage:
We exclusively utilize cold wallet storage solutions for safeguarding digital assets. Cold wallets are hardware devices that store private keys offline, minimizing the risk of unauthorized access or hacking attempts. This offline storage approach significantly enhances the security posture of the assets under our custody.
2. Air-Gapped Technology:
Our cold wallet storage infrastructure incorporates air-gapped technology to further fortify the security of digital assets. The air-gap ensures complete isolation from online networks, mitigating the risk of remote cyber threats such as hacking, phishing, or malware attacks. This additional layer of protection enhances the overall resilience of our storage systems.
3. Key Management:
Private keys associated with digital assets are generated and stored in the cold wallets in a highly secure environment. Key management protocols are implemented to maintain the confidentiality, integrity, and availability of these keys. Only authorized personnel with explicit security clearances have access to key management functions.
4. Access Controls:
Access to the physical locations housing the cold wallet storage infrastructure is restricted to authorized personnel only. Comprehensive access controls, including biometric authentication and surveillance, are implemented to prevent unauthorized entry and ensure the physical security of the storage facilities.
5. Regular Audits and Assessments:
Routine audits and security assessments are conducted to evaluate the effectiveness of our cold wallet storage with air-gapped technology. These assessments include penetration testing, vulnerability scanning, and comprehensive security audits to identify and address any potential vulnerabilities promptly.
6. Incident Response Plan:
In the event of a security incident or breach, a robust incident response plan is in place to minimize the impact and swiftly mitigate any potential risks. This plan includes communication protocols, forensic analysis, and collaboration with relevant authorities if necessary.
7. Compliance and Regulatory Adherence:
Our cold wallet storage practices adhere to all relevant legal and regulatory requirements governing digital asset custody services. We stay abreast of industry standards and continuously update our policies to ensure compliance with evolving regulatory landscapes.
8. Client Communication:
Clients are regularly informed about the security measures in place for their digital assets. Transparency is maintained regarding the storage protocols, and clients are educated on best practices for securing their assets beyond our custody.
Conclusion:
This policy underscores our unwavering commitment to providing a secure environment for the storage of digital assets. The integration of 100% cold wallet storage with air-gapped technology reflects our dedication to staying at the forefront of security standards in the digital asset custody space. As technology evolves, so will our security measures, ensuring that our clients' assets remain safeguarded against emerging threats.
