U.K.-based multinational security services company G4S has developed a new service for protecting cryptocurrency assets.
G4S, formerly Group 4 Securicor, has released an “innovative security solution” for holding crypto assets in a form of high-security offline storage protecting customers from hacks. G4S also runs both prisons and detention centers, as well as stores cash for “large companies,” the Financial Times notes. According to the senior risk analyst at G4S Consulting Dominic Maciver, the new crypto assets security solution is based on a foundation of “vault storage” that is inaccessible for cyber criminals and hackers, as well as “armed robbers alike.”