Case Study: Bank Frick strengthens crypto custody security and compliance with Halborn

Bank Frick strengthens $1B crypto custody with Halborn

Bank Frick, a regulated financial institution and leader in blockchain banking, initiated an audited key ceremony to validate and strengthen its $1 billion crypto custody operations. Their key security objectives were to eliminate single points of failure in key generation and ensure strict regulatory alignment. To meet these institutional-grade goals, Bank Frick engaged the cybersecurity vendor Halborn for a Custody and Key Management Assessment.

Halborn collaborated with Bank Frick to conduct an independent review of its key ceremony process. The solution included contributing to process runbooks, defining governance frameworks, and participating in dry runs before observing and attesting to the integrity of the live offline key generation. As a result, Halborn helped Bank Frick achieve higher standards of transparency and auditability, which strengthened institutional trust and resulted in a robust set of production-ready security controls for its custody infrastructure.

Bank Frick