How to Secure Data on Your Digital Investment Platform

An investment platform is only as secure as its most vulnerable part. This means that it is important to protect data at every layer of the platform, from the underlying code to the user interface.

One important security measure is to use the latest TLS protocol. TLS is a security protocol that encrypts data in transit, making it more difficult for hackers to steal data. The latest version of TLS, TLS 1.3, is considered to be the most secure version available.

Another important security measure is to implement two-factor authentication (2FA). 2FA requires users to enter a code from their phone in addition to their password when logging in. This makes it much more difficult for hackers to gain unauthorized access to accounts.

In addition to protecting data in transit and at rest, it is also important to monitor user activity for suspicious behavior. This can be done by tracking active sessions and access logs. If a user is logged in from multiple devices or if there is suspicious activity, the tech support team can be alerted.

How to control security on various levels during development

Code level?—?Following the SAST testing methodology, make sure the code doesn’t contain errors that could make it vulnerable.

Third-party app level?—?Ensure that all third-party services you integrate are up to date on their fixes.

Deployment level?—?Your DevOps engineers should ensure the cloud servers you deploy software to don’t have OS-level issues.

All in all, a tech team with expertise in fintech development will be most suitable for building an investment platform according to industry standards and security requirements.

Build a digital investment platform with?Digicore

There is so much to gain from building a profitable and resilient digital investment solution. If you intend to build one, your first step is to work with a highly capable fintech development company.

Digicore develops customer-centric financial technology solutions that meet ethical and legal guidelines, and help financial institutions achieve their key business objectives. If you are looking to build a gamified fintech solution, get in touch with us today, and let’s get started.