01 Security from the Beginning
As a relatively young and agile fintech, Altoo has a significant advantage over large, longer-established financial institutions when it comes to data security. Since our founding in 2017, we have incorporated an awareness of modern cyber security threats into our business processes and technical infrastructure. Our tightly focused and highly experienced team has devoted itself to designing the Altoo Wealth Platform with a wide range of cutting-edge security features without sacrificing uptime.
Security has been – and will continue to be – factored into every Altoo decision. This way, we can ensure that data is continuously integrated and protected at the same time. Our information security management system monitors the performance of more than 1600 implemented security measures.
02 Strong Encryption Everywhere
If our customers look closely, they will see an encryption symbol in their browsers when accessing the Platform, indicating that their connection is encrypted. All forms of activity are secure, from communications to dashboard views. Also, all sensitive data is kept in encrypted storage, and multi-factor authentication is required for access.
03 Black and Grey Box Vulnerability Testing
Our software development process addresses multiple aspects of security. For example, we run automated tests not only for quality assurance but also to explicitly test security logic. We have implemented vulnerability testing via both a so-called black box approach – which involves assuming that attackers have no knowledge of our systems – as well as a grey box approach that assumes attackers have valid login credentials. The Altoo Wealth Platform also utilises an advanced authorization mechanism.
Elevate Your Wealth Game: Empowering UHNWIs for Simplified Asset Management. Altoo Platform Preview
04 Immediate Detection of Intrusions
The Altoo Wealth platform’s intrusion detection system instantly recognises brute force attacks and automatically bans IPs misused in these attacks. With multiple network firewalls in place at our data centre and office, we further add hurdles to any intruder who would harm our data or spread ransomware. Additionally, we use separate hardware stacks for our production environment, test instances, and a wide range of other internal functionalities.
05 Team Training and Equipment
All Altoo team members undergo regular training to raise their awareness of cyber threats and ensure that their systems are up to date with the latest security patches. All their business devices are required to have client/endpoint security software installed, with usage continuously monitored.
06 Switzerland as a Base
The Altoo Wealth Platform is built and maintained exclusively in Switzerland. The base layer of our information security architecture, our physical hardware, is secured in a professional, tier 3 data centre that makes unauthorised access virtually impossible.
Additionally, all of our close knit team is based in Switzerland so as to ensure quick, cohesive responses and information sharing in case of potential cyberattacks. Switzerland itself is well known for its political stability and low levels of corruption, making it an ideal location for ensuring security from any threat, digital or otherwise.
The Altoo Wealth Platform provides a highly secure home for your most sensitive data. We make every effort to keep your confidential information under lock and key, both digital and physical. Upholding our three pillars of availability, confidentiality, and integrity, we give you peace of mind that your assets are protected for the future.
We think you might like
In case you missed it
