Hackers steal $34.65M in crypto from top exchange by bypassing 2FA. A prime technology exploit.
Coincover protects against
Wallet provider / custody failure
Where you are unable to fulfil your customer withdrawal requests in line with your SLA due to a failure or loss of service from you wallet provider or custody provider.
Biometric security failure
When your biometric authentication fails due to spooging or exploits and results in your customers' accounts being taken over and subsequently funds being stolen.
Supply chain hacks
The exploitation of Coincover approved third-party software used in your customer facing technology stack to gain access to your customers' digital assets and the resultant theft of those assets.
Multi-factor security failure
When your Multi-Factor authentication fails, due to spoofing or Exploits and results in your customers' accounts being taken over and subsequently funds being stolen.
Wallet provider / custody failure
Where you are unable to fulfil your customer withdrawal requests in line with your SLA due to a failure or loss of service from you wallet provider or custody provider.
Biometric security failure
When your biometric authentication fails due to spooging or exploits and results in your customers' accounts being taken over and subsequently funds being stolen.
Supply chain hacks
The exploitation of Coincover approved third-party software used in your customer facing technology stack to gain access to your customers' digital assets and the resultant theft of those assets.
Multi-factor security failure
When your Multi-Factor authentication fails, due to spoofing or Exploits and results in your customers' accounts being taken over and subsequently funds being stolen.
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