Security at FinShields

Our Commitment to Security

At FinShields, your financial data's security is our top priority. We are committed to protecting your information and ensuring your privacy. Our platform is built with privacy and protection at its core, so you can manage your finances with confidence.

Data Encryption

We use industry-standard encryption to protect your data at all times. All sensitive information, including bank details, policy numbers, and personal identification, is encrypted both at rest and in transit.

• At Rest: Your data is encrypted using AES-256, one of the strongest encryption standards available.
• In Transit: Data transferred between your device and our servers is protected using HTTPS/TLS encryption to prevent eavesdropping.

Authentication and Access Control

To ensure that only you can access your account, we have implemented robust authentication measures:

• Secure Login: We use Firebase Authentication and support Google OAuth for secure and easy login.
• Two-Factor Authentication (2FA): We are working on implementing 2FA to provide an extra layer of security for your account.

Cloud Storage Security

FinShields allows you to store your financial documents securely using trusted third-party cloud services like Cloudinary and Google Drive. These services are compliant with leading international security standards.

• Compliance: Both Cloudinary and Google Drive are compliant with GDPR and are certified for ISO 27001, ensuring your files are stored in a secure environment.

AI and Data Handling

Our AI-powered features, such as the budget planner and spend insights, are designed with your privacy in mind. We do not share your personal data with third parties for AI analysis.

• Secure Analysis: All AI-driven analysis is performed securely within our system and is used solely to enhance your experience and provide you with valuable financial insights.

Data Backup and Recovery

We ensure that your data is regularly backed up to prevent data loss. You also have control over your backups:

• Manual Backups: You can manually back up and restore your financial data at any time using your personal Google Drive account.

User Responsibility

While we take extensive measures to secure your data, your cooperation is crucial. We advise you to:

• Keep your device and login credentials secure.
• Do not share your password with anyone.
• Log out of your account when using a shared device.

Reporting Security Issues

If you discover a security vulnerability or notice any suspicious activity related to your account, please report it to us immediately at security@finshields.xyz. We take all reports seriously and will investigate them promptly.

Compliance and Audits

We are committed to adhering to the highest standards of data protection. Our practices are aligned with industry best practices and regulations such as the GDPR and the DPDP Act (India).

Continuous Improvement

We continuously review and update our security infrastructure to address emerging threats and to ensure that your data remains protected.