OneTwoTrade Introduces Enhanced Trading Security Measures
OneTwoTrade is raising the bar for security standards in the binary options industry by implementing the latest offerings from McAfee and Comodo Group.
Limassol, Cyprus, January 6, 2015 (Newswire.com) - OneTwoTrade, a leading provider of binary options trading solutions for retail investors globally, today announced that is has introduced a raft of new security measures that will meaningfully enhance the security of its customers’ trading accounts and personal information.
The importance and vulnerability of online security systems has been cast into the spotlight in the wake of recent high profile hacking incidents that have affected major multinationals in the entertainment and finance domains, among other industries. As a result of these attacks, companies and consumers alike are increasingly witnessing first-hand that cyber criminals can cause great harm by triggering severe network outages and by releasing sensitive private data into the public domain.
We appreciate the importance of security and believe that our clients are entitled to institutional investor-grade security standards. It is our expectation that these new security measures will provide our clients with much better security than they would find with other brokers, but we're also optimistic that this move will prompt other service providers in the industry to start rolling out improved security standards to their clients as well.
Samuel Falcon, Chief Operating Officer
The company has put security at the center of its organization by sourcing its security technologies from McAfee and Comodo Group, two of the leading vendors in the online security landscape. The roll-out of the security technologies provided by these groups is protecting the company’s clients in two main respects. First, they ensure that clients’ funds are robustly protected against malicious attacks. Second, they ensure that clients’ personal information, including information pertaining to their payment and withdrawal credentials, are well-defended against malicious attacks.
The company’s use of Transport Layer Security (TLS) helps ensure that client security is maximized. TLS is a cryptographic protocol encrypts the data flowing between clients’ computing devices and the company’s servers. Beyond protecting clients’ personal information and funds, this technology also ensures that all trades executed via the company’s trading platform are insulated against eavesdropping and tampering by malicious parties.
The use of strict security standards is especially important in the financial trading domain, as trading logs and other personal account information represent highly attractive forms of information for cyber criminals, and consequently could serve as attractive targets for such criminals. If this information were to fall into the wrong hands, the consequences for brokers and their clients could be disastrous.
As online security becomes increasingly important to retail investors, the company will continue setting itself apart from other brokers through its deployment of the latest security technologies across its web and mobile trading platforms. Investors can work with OneTwoTrade knowing that it is committed to putting the protection of their funds, and their credentials, at the center of its offerings.
About OneTwoTrade
OneTwoTrade is a leading provider of binary options trading solutions. The company provides powerful web and mobile-based trading applications that enable individual investors to invest in binary options tied to a variety of underlying assets spanning currencies, stocks, commodities and indices. With its range of additional services – including personalized one-on-one training, free online learning resources and daily market insights – the company is committed to ensuring that its clients achieve success in the financial markets.