React to Malicious Threats

In the event a user interacts with a fraudulent dApp as determined by FailSafe's Radar, the assets would be protected by FailSafe's Cloud Wallet Assist Service. Assets at risk would be immediately transferred back to the on-chain cold wallet vault before the attacker is able to access and drain funds.

Benefits:

Cost Savings

Any fraudulent activity which a consumer encounters via an enterprise's platform would typically incur operational costs in the form of investigation, recovery, and remediation. such incidents may be reduced if FailSafe's Cloud Wallet Assist Service is integrated into the platform, as assets are immediately withdrawn and transferred in a secure wallet. This is especially important for large incumbent brands moving into the web3 space, as these operational costs can be significant given the sizes of their consumer base.

Within the organisation, fat finger errors made by employees can also be mitigated with the protection provided by the Cloud Wallet Assist Service. This can be especially important for institutions dealing with large quantums of money, where any operational error can have a huge financial impact on a company's bottomline.

Suite of solutions:

• Cloud Wallet Assist Service