“As a wallet service that exists online, Blockchain is extremely conscious of security issues and the bad press online wallets have received due to lax security, bad code, or corrupt operators.  Blockchain’s wallet service is set up in a way that users shouldn’t need to be concerned about security infrastructure on the server side. All the important encryption related to the security of users’ bitcoins happens on the client side, in the browser or on a mobile device.  It stores an encrypted backup of user wallets on Blockchain’s servers so they may be accessed from various places and devices, but do not store user passwords anywhere.”

http://www.coindesk.com/blockchain-most-popular-bitcoin-website-wallet/

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