Tradesocio Upgrades Systems to Ensure the Highest Levels of Data Security

Tradesocio uses hybrid server array technology, with multiple servers and data centers, ensuring that no single point of failure can affect the system and sensitive and personal data is always protected, even in the event of an unexpected disaster. Tradesocio aims to add further data centers in future for efficient traffic management and reduction of latency.

Leading fintech provider, Tradesocio announced that it has implemented a series of policy and infrastructure upgrades to ensure the highest levels of data integrity and security for its clients. The company stated that Alpha Suite, investment management platform has been carefully designed to meet the latest industry standards in data security and compliance, to prevent new types of vulnerabilities.

The EU parliament approved the new General Data Protection Regulation (GDPR), which is set to be enforced on May 25, 2018. Tradesocio has also added several ISO rated services and intends to have all its upgraded systems in place before this date.

The company has deployed high-end data centers in multiple locations around the world to monitor load balance and ensure seamless access to accurate and consistent data for all its clients. The distributed database architecture of the company includes database and application servers situated in cities like New York, London, Frankfurt, Shanghai, Tokyo and Hong Kong.

Apart from this, the company also has a set of servers from Equinox, Azure and Alibaba, which are robust and technologically superior, while also being ISO27001 and ISO9001 certified.

Commenting on the upgrades, Tradesocio’s CEO, Wael Salem said, “The new EU GDPR rules are aimed at protecting our clients and safeguarding their interests. This is a top priority for us at Tradesocio. We designed our Alpha Suite products to offer a safe, robust and stable means for people to manage funds. Our latest policy and system upgrades only further this objective.”

Tradesocio uses hybrid server array technology, with multiple servers and data centers, ensuring that no single point of failure can affect the system and sensitive and personal data is always protected, even in the event of an unexpected disaster. Tradesocio aims to add further data centers in future for efficient traffic management and reduction of latency.

The company understands the importance of providing data security and privacy to its customers. Precious client information is protected by a double-layer of 128- and 256-bit data encryption. They have taken significant steps to prevent access to anyone outside the system, by eliminating third party applications and establishing an internal system for big data analytics.

Apart from prohibiting web applications without the standard SSL encryption, the Tradesocio team takes elaborate steps to prevent data breaches. Some of these steps include methods for implementing Cross Site Scripting Prevention, Malicious File Execution Prevention, Cross Site Request Forgery (CSRF) Prevention and Insecure Cryptographic Storage Prevention. The team conducts audits of various applications in the development phase to fix the vulnerabilities proactively, before the applications go live.

Tradesocio is confidently on track to deploy all upgrades by the GDPR deadline.

The company also plans to continuously monitor the latest technological advancements in the market and conduct regular audits, across different time zones, to guarantee uninterrupted data access, the highest levels of data integrity and access to cutting edge technology for all its clients.

For more information or to learn about Tradesocio’s services, please visit www.tradesocio.com

Read this next

blockdag

BlockDAG Attracts $18.1M In Presale, Drawing Investors From Dogecoin And UNUS SED LEO for Potential 30,000x ROI

As the markets for Dogecoin and UNUS SED LEO exhibit volatility, a significant number of investors are redirecting their focus towards BlockDAG during its Batch 9 presale, which has remarkably gathered $18.1 million.

Digital Assets

Coinbase launches perpetual futures trading for Dogwifhat memecoin

Coinbase International Exchange (CIE) will introduce perpetual futures trading for Solana-based memecoin dogwifhat ($WIF), starting April 25. These open-ended futures contracts can be traded using the USDC stablecoin.

Digital Assets

Kraken acquires TradeStation’s cryptocurrency business

Kraken, the second-largest U.S.-based cryptocurrency exchange, has acquired the cryptocurrency arm of online brokerage TradeStation.

Retail FX

The Funded Trader is back? Traders report account closures

Prop trading firm The Funded Trader has updated its website with a few banners, nearly three weeks after it ceased all operations, with claims for a relaunch in the near future. However, there was no official statement on the relaunch on its website, Discord channel, or social media accounts yet.

Executive Moves

NAGA lures former Tickmill compliance exec Loukia Matsia

NAGA Group, a provider of brokerage services, cryptocurrency platform NAGAX and neo-banking app NAGA Pay, appointed Loukia Matsia as their new Head of Compliance and Anti-Money Laundering (AML).

blockdag

Explore 2024’s Top Cryptocurrencies: BlockDAG Leads With 30,000x ROI Potential, Among Surge Predictions For Bitcoin And Ethereum

Navigating the vast ocean of cryptocurrencies might feel overwhelming for many investors, whether seasoned or newbies.

Tech and Fundamental, Technical Analysis

EURUSD Technical Analysis Report 18 April, 2024

EURUSD currency pair can be expected to fall further toward the next support level 1.0600 (which reversed the price earlier this month).

Digital Assets

Binance ordered to remove Changpeng Zhao to get Dubai license

Binance, the world’s largest cryptocurrency exchange, has obtained a Virtual Asset Service Provider (VASP) license in Dubai.

Crypto Insider

Evolution and current state of global crypto adoption

Every four years, the crypto world gets hyped for the Bitcoin halving. Past halvings, like the one of May 2020, saw a massive increase in BTC transactions, which was driven by growing adoption and community involvement.

<