How secure are cryptocurrency wallets?

Cryptocurrency wallets are generally considered very secure, as the codes and encryption used to secure the wallets are often very difficult for unauthorized individuals to break. As long as users take precautions to store their wallet safely and avoid falling prey to malicious phishing attempts, they can greatly reduce their risk of having their wallet compromised. Additionally, many digital wallets offer additional security features such as multi-signature (two-factor authentication) and encryption.