Security measure Complexity Features
Strong password + SMS or email 2FA Low Essential, basic defense
Biometric authorization Low Adds unique layer of access control
Hardware 2FA Medium More secure than SMS or email 2FA; requires physical possession
Seed phrase backup (cold wallet) Medium-high Recovery if wallet is lost or destroyed but comes with risk at a single point of failure
Encrypted backups (cold wallet) Medium Protects against loss or damage of main wallet
Multiple wallets (cold) High Eliminates risk of total loss due to a single point of failure
Multi-signature wallet (cold) High Minimizes risk of loss due to a single point of failure; frequently used by institutions
1225-RBE2