diff --git a/Gruntfile.js b/Gruntfile.js
index f9ed59621..9d73c081a 100644
--- a/Gruntfile.js
+++ b/Gruntfile.js
@@ -175,6 +175,17 @@ module.exports = function(grunt) {
           'src/js/trezor-url.js',
           'bower_components/trezor-connect/connect.js',
           'node_modules/bezier-easing/dist/bezier-easing.min.js',
+
+          'bower_components/crypto-js/core.js',
+          'bower_components/crypto-js/enc-base64.js',
+          'bower_components/crypto-js/hmac.js',
+          'bower_components/crypto-js/md5.js',
+          'bower_components/crypto-js/sha1.js',
+          'bower_components/crypto-js/evpkdf.js',
+          'bower_components/crypto-js/cipher-core.js',
+          'bower_components/crypto-js/aes.js',
+          'bower_components/crypto-js/pbkdf2.js',
+          
           'node_modules/cordova-plugin-qrscanner/dist/cordova-plugin-qrscanner-lib.min.js'
         ],
         dest: 'www/js/app.js'
diff --git a/bower.json b/bower.json
index 08a82d9b8..a66685254 100644
--- a/bower.json
+++ b/bower.json
@@ -11,6 +11,7 @@
     "angular-gettext": "2.2.1",
     "angular-moment": "0.10.1",
     "angular-qrcode": "bitpay/angular-qrcode#~6.3.0",
+    "crypto-js": "^3.1.9",
     "ionic": "https://github.com/ionic-team/ionic-v1.git",
     "moment": "2.10.3",
     "ng-lodash": "0.2.3",
diff --git a/src/js/services/encryptionService.js b/src/js/services/encryptionService.js
new file mode 100644
index 000000000..37b1b2c3b
--- /dev/null
+++ b/src/js/services/encryptionService.js
@@ -0,0 +1,164 @@
+
+(function() {
+  'use strict';
+
+
+  angular.module('copayApp.services').factory('encryptionService', function($log, secureStorageService) {
+    var keySize = 512;
+    var iterations = 1500;
+    var storageKey = 'encryptionKey';
+
+    var service = {
+      decrypt: decrypt,
+      encrypt: encrypt,
+      removeKeyIfExists: removeKeyIfExists
+    };
+    return service;
+
+    /**
+     * Returns a CryptoJS.WordArray
+     */
+    function _generateKey() {
+      var salt = CryptoJS.lib.WordArray.random(128/8);
+      var passphrase = CryptoJS.lib.WordArray.random(128/8);
+      var key = CryptoJS.PBKDF2(passphrase, salt, { keySize: keySize/32, iterations: iterations });
+
+      $log.debug('Generated key: ' + key);
+      return key;
+    }
+
+    /**
+     * 
+     * @param {*} cb 
+     */
+    function _getOrCreateKey(cb) {
+
+      secureStorageService.get(storageKey, function onKeyRetrieved(keyErr, keyHex) {
+        if (keyErr) {
+          cb(keyErr, null);
+          return;
+        }
+
+        if (keyHex) {
+          var key = CryptoJS.enc.Hex.parse(keyHex);
+          cb(null, key);
+          return;
+        }
+
+        key = _generateKey();
+        var keyHex = CryptoJS.enc.Hex.stringify(key);
+        secureStorageService.set(storageKey, keyHex, function onKeyStored(storeErr) {
+          if (storeErr) {
+            $log.error('Error storing key.', storeErr);
+            cb(storeErr, null);
+            return;
+          }
+
+          cb(null, key);
+        });
+        
+      });
+    };
+
+    /**
+     * 
+     * @param {string, Base64 encoded} str 
+     * @param {CryptoJS.WordArray} key 
+     * @param {string, hex} iv 
+     */
+    function _decryptUsingCryptoJS(str, key, iv) {
+      $log.debug('decrypt() str: ' + str);
+      $log.debug('decrypt() using iv:' + iv + ', key: ' + JSON.stringify(key));
+      
+      var ivWords = CryptoJS.enc.Hex.parse(iv);
+      var plaintext = CryptoJS.AES.decrypt(str, key, { iv: ivWords });
+      $log.debug('plaintext', JSON.stringify(plaintext));
+
+      var plaintextWords = CryptoJS.lib.WordArray.create();
+      plaintextWords.init(plaintext.words, plaintext.sigBytes);
+      $log.debug('plaintextWords', JSON.stringify(plaintextWords));
+      var plaintextString = plaintextWords.toString(CryptoJS.enc.Utf8);
+      $log.debug('plaintextString:  ', JSON.stringify(plaintextString));
+
+      return plaintextString;
+    }
+
+    /**
+     * Generates its own Initialization Vector, which is returned.
+     * @param {string, Base64 encoded} str 
+     * @param {CryptoJS.WordArray} key 
+     * @returns {*} The ciphertext created, and the IV used.
+     */
+    function _encryptUsingCryptoJS(str, key) {
+      var iv  = CryptoJS.lib.WordArray.random(16);
+
+      var cipherParams = CryptoJS.AES.encrypt(str, key, { iv: iv });
+      var ciphertextWords = cipherParams.ciphertext.toString(CryptoJS.enc.Base64);
+      var ivHex = iv.toString(CryptoJS.enc.Hex);
+      
+      // Just for testing - do we get back what we put in?
+      /*
+      decrypt(ciphertext, {iv: ivHex}, function onDecryptionTest(err, decrypted){
+        if (err) {
+          $log.error('Failed to decrypt encrypted.', err);
+          
+        } else {
+          $log.debug('Freshly decrypted:', JSON.stringify(decrypted));
+        }
+      });
+      */
+
+      return {
+        ciphertext: ciphertextWords.toString(CryptoJS.enc.Base64),
+        opts: { 
+          iv: ivHex
+        }
+      };
+    }
+
+    function decrypt(str, opts, cb) {
+      _getOrCreateKey(function onKey(err, key) {
+        if (err) {
+          $log.error('Failed to get or create key.', err);
+          cb(err, null);
+          return;
+        }
+
+        var decrypted;
+        try {
+          decrypted = _decryptUsingCryptoJS(str, key, opts.iv);
+        } catch (e) {
+          // Can get this when using the wrong key: Malformed UTF-8 data
+          $log.error('Error when decrypting.', e);
+          cb(e, null);
+          return;
+        }
+        cb(null, decrypted);
+      });
+    };
+
+    function encrypt(str, cb) {
+
+      _getOrCreateKey(function onKey(err, key){
+        if (err) {
+          cb(err, null);
+          return;
+        }
+
+        var encrypted = _encryptUsingCryptoJS(str, key);
+        cb(null, encrypted);
+      });
+    };
+
+    function removeKeyIfExists() {
+      secureStorageService.remove(storageKey, function onKeyRemoved(err){
+        if (err) {
+          $log.Error('Error removing key.', err);
+          return;
+        }
+        $log.debug('Key removed.');
+      });
+    }
+
+  });
+})();
\ No newline at end of file
diff --git a/src/js/services/jsonEncryptionService.js b/src/js/services/jsonEncryptionService.js
new file mode 100644
index 000000000..54d871d11
--- /dev/null
+++ b/src/js/services/jsonEncryptionService.js
@@ -0,0 +1,75 @@
+(function() {
+  'use strict';
+
+  angular
+      .module('copayApp.services')
+      .factory('jsonEncryptionService', jsonEncryptionService);
+
+  function jsonEncryptionService($log) {
+    var currentVersion = 1;
+
+    var service = {
+      isEncrypted: isEncrypted,
+      parse: parse,
+      stringify: stringify
+    };
+    return service;
+
+    function isEncrypted(jsonStr) {
+      try {
+        var jsonObj = JSON.parse(jsonStr);
+      } catch (e) {
+        $log.error('Failed to parse JSON when looking for encypted data.', e);
+        return false;
+      }
+      return jsonObj.version && jsonObj.encryptedData;
+    }
+
+    function parse(jsonStr) {
+
+      var jsonObj = JSON.parse(jsonStr);
+
+      if (!(jsonObj.version && jsonObj.version === currentVersion)) {
+        throw new Error('Incompatible version.');
+      }
+
+      var encryptedData = jsonObj.encryptedData;
+      // extract ciphertext from json object, and create cipher params object 
+      //var ciphertext = CryptoJS.enc.Base64.parse(encryptedData.ciphertext) 
+      //var iv = CryptoJS.enc.Hex.parse(encryptedData.iv);
+      var ciphertext = encryptedData.ciphertext;
+      var iv = encryptedData.iv;
+
+      return {
+        ciphertext: ciphertext,
+        opts: {
+          iv: iv
+        }
+      } 
+    }
+
+    /**
+     * 
+     * @param {string, Base64 encoded} ciphertext
+     * @param {*} opts So it flexible enough to handle other schemes in future.
+     * @throws If cipherParams does not include the iv.
+     */
+    function stringify(ciphertext, opts) { 
+      var iv = opts.iv;
+
+      if(!iv) {
+        throw new Error('Must include iv.');
+      }
+    
+      var encryptedData = {
+        ciphertext: ciphertext,
+        iv: iv
+      }; 
+      
+      return JSON.stringify({
+        version: currentVersion,
+        encryptedData: encryptedData
+      }); 
+    } 
+  };
+})();
\ No newline at end of file
diff --git a/src/js/services/mobileSecureStorageService.js b/src/js/services/mobileSecureStorageService.js
index f9994fdf8..473b62885 100644
--- a/src/js/services/mobileSecureStorageService.js
+++ b/src/js/services/mobileSecureStorageService.js
@@ -47,7 +47,7 @@ angular.module('copayApp.services').factory('mobileSecureStorageService', functi
       function (error) { 
         $log.debug('mss get failed. ' + error);
         if (error.message === 'Failure in SecureStorage.get() - The specified item could not be found in the keychain' || // iOS
-          error.message === 'Key [_SS_profile] not found.') { // Android
+          error.message === 'Key [_SS_' + key + '] not found.') { // Android
           // The callback expects no error, but also no value, if it cannot be found.
           cb(null, null);
         } else {
@@ -57,6 +57,32 @@ angular.module('copayApp.services').factory('mobileSecureStorageService', functi
       key);
   };
 
+  root.remove = function(key, cb) {
+    
+    if (!platformInfo.isMobile) {
+      cb(new Error('mobileSecureStorageService is only available on mobile.'));
+    } 
+
+    if (!isReady) {
+      if (initialisationFailed) {
+        cb(new Error('mobileSecureStorageService initialisation failed.'));
+      } else {
+        pending.push(function(){ root.remove(key, cb); });
+      }
+      return;
+    }
+
+    storage.remove(
+      function (value) { 
+        cb();
+      },
+      function (error) { 
+        cb(new Error(error));
+      },
+      key);
+
+  };
+
   root.set = function(key, value, cb) {
     
     if (!platformInfo.isMobile) {
diff --git a/src/js/services/secureStorageService.js b/src/js/services/secureStorageService.js
index c066109c2..b4d9a6fc3 100644
--- a/src/js/services/secureStorageService.js
+++ b/src/js/services/secureStorageService.js
@@ -16,7 +16,17 @@ angular.module('copayApp.services').factory('secureStorageService', function(des
     } else { // Browser
       localStorageService.get(alteredKeyIndicatingDesireForSecureStorage(k), cb);
     }
-  }
+  };
+
+  root.remove = function(k, cb) {
+    if (platformInfo.isMobile) {
+      mobileSecureStorageService.remove(k, cb);
+    } else if (platformInfo.isNW) {
+      desktopSecureStorageService.remove(k, cb);
+    } else { // Browser
+      localStorageService.remove(alteredKeyIndicatingDesireForSecureStorage(k), cb);
+    }
+  };
 
   root.set = function(k, v, cb) {
     if (platformInfo.isMobile) {
@@ -26,7 +36,7 @@ angular.module('copayApp.services').factory('secureStorageService', function(des
     } else { // Browser
       localStorageService.set(alteredKeyIndicatingDesireForSecureStorage(k), v, cb);
     }
-  }
+  };
   
   return root;
 });
\ No newline at end of file
diff --git a/src/js/services/storageService.js b/src/js/services/storageService.js
index a2d85950b..ba19d6439 100644
--- a/src/js/services/storageService.js
+++ b/src/js/services/storageService.js
@@ -1,6 +1,6 @@
 'use strict';
 angular.module('copayApp.services')
-  .factory('storageService', function(appConfigService, logHeader, fileStorageService, localStorageService, sjcl, $log, lodash, platformInfo, secureStorageService, $timeout) {
+  .factory('storageService', function(appConfigService, encryptionService, jsonEncryptionService, logHeader, fileStorageService, localStorageService, sjcl, $log, lodash, platformInfo, secureStorageService, $timeout) {
 
     var root = {};
     var storage;
@@ -32,7 +32,7 @@ angular.module('copayApp.services')
     // This is only used in Copay, we used to encrypt profile
     // using device's UUID.
 
-    var decryptOnMobile = function(text, cb) {
+    var copayDecryptOnMobile = function(text, cb) {
       var json;
       try {
         json = JSON.parse(text);
@@ -121,11 +121,22 @@ angular.module('copayApp.services')
 
     root.storeProfile = function(profile, cb) {
       var profileString = profile.toObj();
-      if (platformInfo.isNW) {
-        storage.set('profile', profileString, cb);
-      } else {
-        secureStorageService.set('profile', profileString, cb);
-      }
+      encryptionService.encrypt(profileString, function onProfileEncrypted(encryptionErr, encryptedProfile){
+        if (encryptionErr) {
+          $log.error('Failed to encrypt profile.', encryptionErr);
+          cb(encryptionErr, null);
+          return;
+        }
+
+        $log.debug('storing profile ciphertext:', JSON.stringify(encryptedProfile.ciphertext));
+        var persistentProfileStr = jsonEncryptionService.stringify(
+          encryptedProfile.ciphertext,
+          encryptedProfile.opts
+        );
+
+        
+        storage.set('profile', persistentProfileStr, cb);
+      });
     };
 
     /**
@@ -150,7 +161,7 @@ angular.module('copayApp.services')
         return cb(null, null);
       }
 
-      decryptOnMobile(profileStr, function(decryptErr, decryptedStr) {
+      copayDecryptOnMobile(profileStr, function(decryptErr, decryptedStr) {
         if (decryptErr) return cb(decryptErr, null);
         var profile;
         try {
@@ -200,53 +211,113 @@ angular.module('copayApp.services')
       });
     };
 
+    function _migrateUnencryptedProfile(profileStr, cb) {
+      copayDecryptOnMobile(profileStr, function(decryptErr, decryptedStr) {
+        if (decryptErr) return cb(decryptErr, null);
+        var profile;
+        try {
+          profile = Profile.fromString(decryptedStr);
+        } catch (e) {
+          $log.error('Could not read profile:', e);
+          return cb(new Error('Could not read profile.'), null);
+        }
+
+        // This is the only change to the contents of the profile.
+        profile.setAppVersion(appConfigService.version);
+        var newProfileStr = profile.toObj();
+
+        encryptionService.encrypt(newProfileStr, function onProfileEncrypted(encryptErr, encryptedProfile){
+          if (encryptErr) {
+            $log.error('Failed to encrypt profile.', encryptErr);
+            cb(encryptErr, null);
+            return;
+          }
+
+          var persistentProfileStr;
+          try {
+            persistentProfileStr = jsonEncryptionService.stringify(encryptedProfile.ciphertext, encryptedProfile.opts);
+          } catch(e) {
+            $log.error('Failed to stringify to encrypted profile.', e);
+            cb(e, null);
+            return;
+          }
+
+          storage.set('profile', persistentProfileStr, function onEncryptedProfileStored(setErr) {
+            if (setErr) {
+              $log.error('Failed to store encrypted profile.', setErr);
+              cb(setErr, null);
+              return; 
+            }
+
+            cb (null, profile);
+          });
+        });
+      });
+    }
+
     /**
      * 
      * @param {getProfileCallback} cb 
      */
     root.getProfile = function(cb) {
-      if (platformInfo.isNW) {
-        storage.get('profile', function(getErr, getStr) {
-          _onOldProfileRetrieved(getErr, getStr, cb);
-          });
-          return
-      }
-
-      secureStorageService.get('profile', function(secureErr, secureStr) {
-        var secureProfile;
-        var oldProfile;
-
-        if (secureErr) {
-          return cb(secureErr, null);
+      $log.debug('getProfile()');
+      storage.get('profile', function onProfileRetrieved(getErr, profileStr){
+        if (getErr) {
+          $log.error(getErr);
+          return cb(getErr, null);
         }
 
-        if (secureStr) {
+        if (!profileStr) {
+          $log.debug('No string loaded, returning nothing.');
+          // Don't want to use the same key as a previous installation
+          encryptionService.removeKeyIfExists();
+          return cb(null, null);
+        }
+
+        var isEncrypted = jsonEncryptionService.isEncrypted(profileStr);
+        if (isEncrypted) {
+          $log.debug('profile was encrypted.');
+          $log.debug('profileStr: ', profileStr);
+          
+          var encryptedProfileObject;
           try {
-            secureProfile = Profile.fromString(secureStr);
-            $log.debug('profile: ' + JSON.stringify(secureProfile));
+            encryptedProfileObject = jsonEncryptionService.parse(profileStr);
           } catch (e) {
-            $log.error(e);
-            return cb(e, null);
+            $log.error('Failed to parse encrypted profile.', e);
+            cb(e, null);
+            return;
           }
+
+          $log.debug('profileStr after JSON: ', JSON.stringify(encryptedProfileObject));
+
+          encryptionService.decrypt(
+            encryptedProfileObject.ciphertext, 
+            encryptedProfileObject.opts, 
+            function onDecrypted(decryptionError, decryptedProfile) {
+              if (decryptionError) {
+                $log.error('Failed to decrypt profile');
+                cb(decryptionError, null);
+                return
+              }
+
+              $log.debug('Decrypted profile:', JSON.stringify(decryptedProfile));
+
+              var profileObj = Profile.fromString(decryptedProfile);
+              cb(null, profileObj);
+          });
+          
+        } else {
+          _migrateUnencryptedProfile(profileStr, function onProfileMigrated(migrationErr, migratedProfile){
+            if (migrationErr) {
+              $log.error('Failed to migrate the profile.', migrationErr);
+              cb(migraionErr, null);
+              return;
+            }
+
+            cb(null, migratedProfile);
+          });
         }
 
-        storage.get('profile', function(getErr, getStr) {
-          _onOldProfileRetrieved(getErr, getStr, function(oldErr, oldProfile){
-          if (oldErr) {
-            return cb(oldErr, null);
-          }
-
-          if (!oldProfile) {
-            if (secureProfile) {
-              return cb(null, secureProfile);
-            } else {
-              // No profiles found. No errors either.
-              return cb(null, null);
-            }
-          }
-            _migrateProfiles(oldProfile, secureProfile, cb);
-          });
-        });
       });
     };