Caleb & Brown has integrated Fireblocks custody services, the world's leading digital asset custody platform for institutions. This move will enable Caleb & Brown to expand the custody of client assets while enhancing the level of security for customers.
Security is Caleb & Brown’s number one priority and Fireblocks offers battle-tested security infrastructure, while enhancing operational efficiency with enterprise-grade security through Multi-Party Computation (MPC) cryptography.
What is MPC cryptography? Learn all about it here.
Fireblocks’ multi-layer technology uses MPC cryptography and hardware isolation to secure funds from cyber-attacks, internal collusion and human error. Fireblocks is SOC 2 Type II accredited and undergoes regular penetration testing from Comsec and NCC Group. This is further complimented by additional diversification from our current custodian infrastructure.
Insurance for Digital Assets
Beyond the increased security provided by the implementation of Fireblocks, Caleb & Brown’s engagement with Fireblocks also includes insurance for assets held by Fireblocks in the unlikely circumstance of an attack. Insurance is rare in the cryptocurrency space, so we are very excited to share this news with you!
For more information on Fireblocks, read here.
It is recommended to ensure you implement personal asset security measures to help protect yourself and your investments from cyberattacks, scams, and human error if you are not holding your assets with Caleb & Brown.
Caleb & Brown will continue to strive to ensure utmost security and protection for all our clients, as we have since our launch in 2016.
Further Reading: How Fireblocks Meets Institutional Standards: Insurance, Compliance & Security