RISKS
Operational failure
Guard against operational business risks and boost credibility and user adoption.
£18.9 billion evaporated in 2022 due to ops failure.
Coincover protects against
Internal bad actors
When a full-time, permanent employee of your firm deliberately and maliciously uses their login credentials to steal assets belonging to your customers. This does not include third-party contractors.
Exit scams
The theft of your deposits (provided they are held in assets we protect) in a cryptocurrency project as a result of a sudden cessation of trading of said project without notification or reason by the company. This does not include sitautions of bankruptcy or insolvency (please see associated risks for coverage details), and action involving criminal investigative services, or a scneario where the wallet technology has failed or access to the wallet has been withdrawn by rhe wallet provider.
Insolvency crypto asset access
If your company ceases trading and client assets become inaccessible as a reult. If you go out of business, we have a 90-day contractual commitment to recover funds.
Internal bad actors
When a full-time, permanent employee of your firm deliberately and maliciously uses their login credentials to steal assets belonging to your customers. This does not include third-party contractors.
Exit scams
The theft of your deposits (provided they are held in assets we protect) in a cryptocurrency project as a result of a sudden cessation of trading of said project without notification or reason by the company. This does not include sitautions of bankruptcy or insolvency (please see associated risks for coverage details), and action involving criminal investigative services, or a scneario where the wallet technology has failed or access to the wallet has been withdrawn by rhe wallet provider.
Insolvency crypto asset access
If your company ceases trading and client assets become inaccessible as a reult. If you go out of business, we have a 90-day contractual commitment to recover funds.