What measures can be taken to protect custodian keys from unauthorized access in the digital currency space?

1 answers

• Mar 22, 2022 · 3 years ago
  At BYDFi, we prioritize the security of custodian keys. One measure we take to protect these keys is to use a combination of hardware security modules (HSMs) and multi-signature wallets. HSMs provide secure storage and management of the keys, while multi-signature wallets require multiple signatures to authorize transactions, adding an extra layer of security. Regular security audits and penetration testing are also conducted to identify and address any vulnerabilities. Additionally, we enforce strict access controls and permissions, ensuring that only authorized personnel have access to the custodian keys. By implementing these measures, we strive to protect custodian keys from unauthorized access in the digital currency space.
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