My Digital Money now provides military-grade security for all crypto assets through a partnership with a global leader in digital asset security, Genesis Custody. Our security features include multilayer hardware security modules, segregated cold storage in decommissioned nuclear bunkers, and A-rated insurance backing your assets.
We’ve partnered with leaders in the cybersecurity space to ensure the assets stored on My Digital Money are stored using cutting edge technology creating an additional level of security to keep them safe from physical loss, damage, destruction or theft, whether internal or external.
My Digital Money utilizes hardware security modules to store digital keys. Hardware security modules are dedicated crypto processors that are designed to protect the crypto key lifecycle. These tamper-resistant devices are used to generate keys, encrypt/decrypt data, and create/verify digital signatures.
We provide multiple layers of security to protect your assets from bad actors in the real world and cyberspace alike. All My Digital Money crypto assets are held in offline cold storage in secret, decomissioned nuclear bunkers. Each crypto wallet is also capped at $20 million, so if an attack were to occur it would be much easier to isolate.
Two different insurance policies also back all crypto assets on My Digital Money. First, our digital asset crime insurance covers any internal or external theft of your digital assets while they are held in our custody. In addition, our vault risk insurance covers physical loss, damage, destruction, or theft of your digital assets while they are in our custody. All assets are insured up to $100 million and can be scaled to $600 million if necessary.
