Data Protection
Security best practices and compliance documentation
Encryption at Rest
All data stored in Financbase is encrypted at rest using AES-256 encryption. This ensures that even if physical storage is compromised, your data remains protected.
Key Features:
- AES-256 encryption for all database records
- Encrypted backups with separate encryption keys
- Key rotation policies enforced automatically
- Compliance with SOC 2 Type II standards
Encryption in Transit
All data transmitted between your application and Financbase servers is encrypted using TLS 1.3, the latest and most secure transport layer security protocol.
Security Standards:
- TLS 1.3 for all API communications
- Perfect Forward Secrecy (PFS)
- Certificate pinning for mobile SDKs
- HSTS headers enforced on all endpoints
Data Access Controls
Financbase implements role-based access control (RBAC) and follows the principle of least privilege to ensure only authorized users can access sensitive data.
Access Control Features:
- Multi-factor authentication (MFA) support
- Role-based permissions with granular controls
- IP whitelisting for API access
- Session management and timeout policies
- Audit logs for all data access
Compliance & Certifications
Financbase maintains compliance with major security and privacy frameworks to ensure your data meets regulatory requirements.
Data Breach Response
In the unlikely event of a security incident, Financbase has a comprehensive incident response plan to minimize impact and notify affected users promptly.
Response Procedures:
- 24/7 security monitoring and threat detection
- Automated incident response workflows
- User notification within 72 hours of detection
- Regular security audits and penetration testing