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Bitcoin custody solution Digivault receives UK seal of approval on cyber security

Key sharding protects clients’ private keys and Digivault’s unique air-gapped transaction process eliminates all electronic attack vectors...

Published by CryptoNinjas.net
02/05/2020
Bitcoin custody solution Digivault receives UK seal of approval on cyber security

Digivault, a bitcoin and digital asset custody solution from Diginex, announced today its successful completion of the Cyber Essentials Plus certification, reinforcing its commitment to unparalleled security and providing offerings that meet the requirements of institutional clients.

Receiving this certification means that Digivault has passed a rigorous process. And ensures it has the measures in place to protect against the vast majority of common cyberattacks. These include, hacking, phishing, malicious software, ransomware and distributed denial of service (DDOS).

Cyber Essentials Plus is backed by the UK Government and supported by the National Cyber Secretary Centre, which is part of GCHQ. Since 2016, the UK Government has invested around £1.9 billion (USD $2.48 billion) on cybersecurity.

As part of the process, Digivault has also been independently verified by certification body CREST.

“Now with this certification, we have proof of our unparalleled security measures; and we hope it will provide further peace of mind to investors who have an appetite for this burgeoning asset class. Today’s announcement is the first stage of accreditations for us at Digivault; and we are currently seeking ISO27001 Information Security Management accreditation; and alignment to the worldwide Payment Card Industry Data Security Standard (PCI DSS).”
– Robert Cooper, Chief Executive Officer of Digivault

Launched in November 2019, Digivault’s Kelvin offering provides a vaulted cold storage solution for a range of digital asset holdings; including Bitcoin and Ether. The product offers enterprise-grade security for processing and storing digital assets.

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Via: Digivault

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