Too Long; Didn't Read
Cyber security threats and vulnerabilities extend to third parties, employees, government organizations, business units and, especially, to emerging technologies. Until now there has been a technology gap - with just two types of wallets available to users: the hot wallet and cold storage. Cold wallets act as offline backups in the form of hardware and paper wallets. Cold storage options do not provide storage for as many cryptocurrencies as do many of the hot wallets. The vast majority of crypto holders store their funds in digital wallets through exchanges.