Secure Storage

Definition ∞ Secure storage refers to methods and technologies used to protect digital assets from theft, loss, or unauthorized access. This includes various solutions such as hardware wallets, multi-signature wallets, cold storage, and institutional custody services. The primary goal is to safeguard private keys, which control access to digital funds, from cyberattacks and physical breaches. Implementing robust secure storage practices is fundamental for asset protection in the digital economy.
Context ∞ News frequently emphasizes the importance of secure storage in preventing losses from hacks and scams in the cryptocurrency space. Discussions often compare the pros and cons of different storage solutions for individual and institutional investors. Continuous innovation in secure storage technology remains a critical area for enhancing the overall safety and reliability of digital asset holdings.