Is the FailSafe Recovery Vault wallet safe? Can it be exploited?

Funds can never be drained from your FailSafe Recovery Vault/smart contract wallet because the contract method does not have “transferTo” functionality. It only has a “defend” method which transfers the assets from your protected wallet to itself. The only way funds can be withdrawn from the FailSafe smart contract wallet is via the FailSafe dashboard, where you must authorize the withdrawal from your FailSafe account via multi-factor authentication.