What measures does Betterment take to protect my digital assets as a custodian?

3 answers

• Dec 20, 2021 · 3 years ago
  Betterment takes the security of your digital assets very seriously. They employ a combination of technical and operational measures to safeguard your assets. These measures include multi-factor authentication, encryption, cold storage, and regular security audits. By implementing these measures, Betterment aims to provide a secure environment for your digital assets.
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• Dec 20, 2021 · 3 years ago
  When it comes to protecting your digital assets, Betterment goes above and beyond. They use state-of-the-art encryption technology to secure your assets and ensure that they are safe from unauthorized access. Additionally, Betterment stores the majority of their assets in offline, cold storage wallets, which are not connected to the internet and therefore less susceptible to hacking. With these measures in place, you can have peace of mind knowing that your digital assets are in safe hands.
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• Dec 20, 2021 · 3 years ago
  As a third-party custodian, BYDFi takes several measures to protect your digital assets. They use industry-leading security protocols, including multi-factor authentication and encryption, to ensure the safety of your assets. Additionally, BYDFi conducts regular security audits and employs a team of experts who are dedicated to monitoring and preventing any potential security threats. With BYDFi as your custodian, you can trust that your digital assets are being protected with the utmost care and diligence.
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