RISKS
Human error
Safeguard against sending funds to the wrong account, corrupt or deleted access material, and other common mistakes.
$50k of seized crypto accidentally sent by the DEA to a scammer.
Coincover protects against
Human error (user-side risks)
Where you or any employee of your firm has made an error which results in your digital assets becoming inaccessible. This specifically includes, accidental deletion, loss of key data, loss of back-up data, corruption of key or back-up data, accidental deletion of your key data or any such circumstance which leads to your funds becoming inaccessible due to private key data loss. It does not include situations where you have willingly locked up your assets within a smart contract.
Fat finger / mistyping error for wallet addresses
When you make an unintended input error (not more than one character error) which results in your assets being sent to an address which is not within your control.
Human error (user-side risks)
Where you or any employee of your firm has made an error which results in your digital assets becoming inaccessible. This specifically includes, accidental deletion, loss of key data, loss of back-up data, corruption of key or back-up data, accidental deletion of your key data or any such circumstance which leads to your funds becoming inaccessible due to private key data loss. It does not include situations where you have willingly locked up your assets within a smart contract.
Fat finger / mistyping error for wallet addresses
When you make an unintended input error (not more than one character error) which results in your assets being sent to an address which is not within your control.
Other risks mitigated by Coincover
- One platform
- Basic alerts
- Quarterly reporting
- 96 hour recovery SLA
- Ransomware
- Lost seed phrase
- 2FA back up
- Damaged or stolen device
- Wallet provider / Custody failure
- Up to 3 platforms
- Custom alerts
- Monthly reporting
- Proof of protection certificate
- 48 hour recovery SLA
- Whaling
- Sim swap
- Fat finger (mistyped address)
- Spear phishing
- Man in the middle
- Internal bad actors
- Brute force attack
- Biometric security failure
- Multi-factor security failure
- Up to 5 platforms
- Advanced alerts
- Live reporting
- Proof of protection certificate
- 24 hour recovery SLA
- Exit scams
- Human error
- Social engineering
- Address poisoning
- Supply chain hacks
- Account takeover (ATO)
- Staked key assets access
- Insolvency crypto assets access