How to create a wombat wallet?

Could you please elaborate on the process of creating a Wombat wallet? I'm curious to know the steps involved, from start to finish. Do I need to download any specific software or apps? Are there any security measures I should take into account during the setup process? Additionally, what are the benefits of having a Wombat wallet, and how does it differ from other cryptocurrency wallets on the market? I'm looking forward to your detailed response.