After founder's sudden death, cryptocurrency exchange can't access $190 million in holdings - The Washington Post
The first book I ever read about computer security, on its first page, posed this problem:
What happens if your chief financial officer is the only person with access to your money and the CFO gets hit by a bus?
Clearly, this throws doubt on the old "never tell anybody else your password" rule which, in the present case, is a terrible idea.
Perhaps counterintuitively, it may be easier to solve this problem on a corporate level than a personal one (you may be able to find a suitable backup for your money guy but if your mother knows your password watch her like a hawk). If, however, you plan to leave your massive hoard of magical moneynumbers to heirs, it's something you'd better start working on soon.
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