Not quite, that's what cedar is for.
And if you're hanging meat at 70 degrees I'll be happy to notify next of kin for you, after you scrape the puss and maggots off to chow down.
Lemme digress for a moment.
Before this starts something that seems to blow some folks' nipplez off and opinions start flying like a who's swinging the biggest needle pecker, this is another matter of hot debate and personal preference.
Where you live has a lot to do with what you can maintain too.
I have stored cigars in those conditions with some variations and for my setup and where I live and store my cigars it's been perfect. I got a box of Ashton VSG's from my B&M I hang out at in the lounge when I can back in 2002. I broke open what was left, untouched for 12 years in those very 70 deg F/70% RH conditions and they aged perfectly, only way you can tell how old they are is the bands have yellowed and look like 12 year old paper on the back.
Those Ashton's were unbelievable, I got props from the owner who's been dealing in high quality cigars for over 25 years on the condition and flavor of the cigars.
This is personal preference, and what works for you. Trial and error, patience and personal experience. No one way is right or wrong unless you store your cigars in your sock drawer (actually have heard that one).
I have two left I'm saving, pics can be taken for anyone that wants to see them.