At Allio, safeguarding your personal and financial data is our highest priority. We employ industry-leading security practices to ensure your information remains private, secure, and compliant with regulatory standards. Below, we outline the key measures we take to protect your data.
Data Encryption and Protection
We use advanced encryption protocols to secure your sensitive information at every stage:
→ Bank Accounts, Social Security Numbers (SSNs), and Addresses - These are protected by an identity service that manages access and encryption.
→ Double Encryption: Before storing sensitive data, we encrypt it twice—first with 256-bit AES-GCM encryption before it even enters our secure database, and again within the encrypted database itself.
→ Anonymization: Your trades and positions are stored using unique identifiers (UIDs) instead of your personal information, ensuring that even within our systems, your financial activity remains private.
Regulatory Compliance
We adhere to all relevant financial and data protection regulations, including:
GDPR & CCPA - ensuring compliance with global data privacy laws.
FINRA & SEC Requirements - maintaining audit-ready records for regulatory compliance as a broker-dealer and registered investment advisor (RIA).
Data Retention Policies - we store financial records securely for at least the legally required duration.
Access Controls
Your data is accessible only to authorized personnel based on the principle of least privilege:
Role-Based Access Controls (RBAC) - Employees are granted only the minimum level of access required for their role.
Identity Service Management - All access to sensitive data is monitored and controlled through a secure identity management system.
Data Storage and Infrastructure
We leverage industry-leading cloud technology to ensure data security and scalability:
AWS Cloud Infrastructure - Our platform is built on Amazon Web Services, offering best-in-class security and compliance capabilities.
Snowflake Data Platform - We utilize Snowflake for secure data storage, enabling encrypted data processing and controlled access.
Data Backups & Recovery: - Automated backups ensure data integrity and quick recovery in case of unexpected events.
Monitoring & Threat Detection
To prevent unauthorized access and potential security threats:
Real-Time Monitoring - We use advanced threat detection tools like CrowdStrike and Splunk to monitor system activity.
Regular Security Audits - We conduct penetration testing and external audits to identify and mitigate vulnerabilities.
Incident Response Plan - In the event of a data breach, we have a robust response plan, including customer notification and forensic investigation.
Data Classification & Handling
We classify and handle data based on sensitivity levels to ensure appropriate protection:
Restricted Data - Highly sensitive information (e.g., SSNs, bank details) with the strongest security measures.
Confidential Data - Business-sensitive information requiring high-level security controls.
Non-Public Data - Internal information with reasonable security protections.
Public Data - General company information with minimal risk exposure.
Our Commitment
At Allio, we are committed to protecting your privacy while ensuring that our platform remains secure, efficient, and compliant. We continuously evaluate and enhance our security measures to keep your data safe. If you have any questions or concerns about data protection, our support team is here to help.
For more details on how we manage data privacy and security, please refer to our full Privacy Policy.
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