Crypto Industry Tightens Security After 1 Year of Kidnappings and Home Invasions

4 articles · Updated · Bloomberg · May 19

Crypto conferences, private security firms and exchanges are stepping up protections after a wave of kidnappings, assaults and armed home invasions targeted cryptocurrency holders.
Private firms serving crypto investors say demand has surged, while exchanges are adding measures to protect senior executives as threats move beyond online scams into physical attacks.
The security push shows how criminal risk around digital assets has widened from cyber theft to real-world violence, forcing the industry to harden defenses at events, homes and workplaces.

As digital fortunes attract violent crime, is physical security now more critical than cybersecurity for crypto holders?

With state-sponsored hackers stealing billions, can the crypto industry's new security measures fend off nation-state attacks?

While the industry builds digital fortresses, are simple human errors like phishing still the greatest threat to your crypto?