If you have been reading the news over the past few weeks, it appears data breaches are on the rise. High-profile data breaches at Optus, Telstra and Shangri-La Hotels have recently come to light, with millions of Australians potentially affected.
As a Midwinter customer, you have access to a range of security features to help protect your data, including data encryption, ethical hacking and a security framework that adheres to industry standards.
How Midwinter keeps your information secure
Midwinter’s Cloud-hosted financial advice software has robust security designed to keep your data safe.
- Customer data in the Midwinter production databases are protected with the highest level of security and access control.
- No Personal Identifiable Information (PII) data is stored outside of the Midwinter production databases.
- We regularly conduct penetration testing where friendly “hackers” ensure there are no vulnerabilities in our defences.
- Data is encrypted inside the database, meaning that if someone could bypass the security layers the data would be meaningless.
What you can do to protect your business and clients’ data
There are other simple steps you can take to further safeguard your data.
- Be aware of the common types of scams.
- Enable two-factor authentication when logging in to Midwinter.
- Use a password manager which automatically generates and securely stores long and complex passwords.
- Be cautious of any requests for your personal or financial details.
Want to learn more? Check out this article from Midwinter’s CTO Fraser Hamilton: Five simple ways to improve cyber-security in your advice practice.
