Cryptocurrency assets now exceed $1.5 trillion globally.
What a great innovation, as is the magic that makes these transactions possible. Of course, I’m talking about blockchain. The possibilities are endless on both counts. No central authority. No regulators.
But (there’s always a but), thanks to the world’s miscreants, desperados and other baddies there is escalating potential for theft of these assets whether they are held in Bitcoin or other forms of digital currency.
What should businesses consider if they plan to invest in virtual assets?
How might they mitigate risk? What security measures should they have in place?
Is the theft of digital currency covered by insurance?