In decades of banking and trading in Canada and USA well into 7 figures...
I have not lost a single penny... or lost any sleep over the security of my assets.
We're not claiming Ripple is "more secure" than conventional payment systems.
Meanwhile, people whose money disappears on Ripple are writing Github tickets...
And being told they had "bad passwords". What fun.
We have yet to see a case where someone had a balance decrease when they didn't either place an offer or sign a transaction to authorize that decrease. If that ever happened, everyone would know it because balances are public and transactions are public. I definitely agree that protecting the private keys used to sign transactions is a huge issue for any crypto-currency system. We've been working on improving the way we do that, but I agree that there's lots more work to be done. This is a huge issue for both Bitcoin, Ripple, and pretty much any other decentralized crypo-currency system that gives people access to irreversible payments.