← Back to Home
Our Commitment to Security
At Paisa Advisor, your financial data security is our top priority. We understand that you're entrusting us with sensitive information about your expenses and investments, and we take that responsibility seriously.
Our Security Philosophy: We implement industry-leading security practices to protect your data from unauthorized access, disclosure, alteration, or destruction. Your trust is earned through transparency, strong encryption, and constant vigilance.
Security by Design
🔒
Encryption Everywhere
Your data is encrypted both in transit and at rest using industry standards
🛡️
Zero Trust Model
Every request is authenticated and authorized before access is granted
🔐
Secure Authentication
Strong password requirements with optional two-factor authentication
☁️
Cloud Security
Hosted on enterprise-grade cloud infrastructure with built-in security
Data Encryption
🔒 Encryption in Transit (TLS 1.3)
All data transmitted between your device and our servers is encrypted using TLS 1.3 (Transport Layer Security), the latest and most secure protocol.
- Protects against man-in-the-middle attacks
- Ensures data cannot be intercepted or tampered with during transmission
- Same security used by banks and financial institutions
🗄️ Encryption at Rest (AES-256)
All data stored in our databases is encrypted using AES-256 (Advanced Encryption Standard), a military-grade encryption algorithm.
- Your financial data is encrypted in our database storage
- Data is unreadable if storage is compromised or copied
- We only decrypt data when you're actively using the service
🔑 Password Security
Your password is never stored in plain text. We use industry-standard password hashing:
- Passwords are hashed using bcrypt or Argon2
- Even Paisa Advisor employees cannot see your password
- Password reset requires email verification
Infrastructure & Hosting Security
Cloud Provider
Paisa Advisor is hosted on AWS (Amazon Web Services) or similar enterprise-grade cloud infrastructure:
- Physical Security: Data centers with 24/7 monitoring, biometric access, and surveillance
- Network Security: Firewalls, DDoS protection, intrusion detection systems
- Compliance: SOC 2, ISO 27001 certified infrastructure
- Redundancy: Multi-region backups to prevent data loss
Data Storage Location
Your data is stored in cost-optimized cloud regions (may include regions outside India):
- Encryption ensures data remains secure regardless of location
- No payment data storage (we don't handle transactions)
- Compliance with Indian data protection laws (DPDP Act 2023)
Network Security
- Firewalls: Multi-layer firewalls to block unauthorized access
- DDoS Protection: Protection against distributed denial-of-service attacks
- Intrusion Detection: Real-time monitoring for suspicious activity
- VPC Isolation: Private networks isolated from public internet
Application Security
Secure Development Practices
- Code Reviews: All code reviewed for security vulnerabilities before deployment
- Security Testing: Regular automated and manual security testing
- Vulnerability Scanning: Continuous scanning for known vulnerabilities
- Dependency Management: Regular updates of libraries and frameworks
- OWASP Top 10: Protection against common web vulnerabilities (SQL injection, XSS, CSRF, etc.)
Data Access Security
- Secure authentication using encrypted tokens
- Rate limiting to prevent abuse
- Input validation and sanitization
- Cross-origin security policies
Session Management
- Secure session tokens with expiration
- Auto-logout after 30 minutes of inactivity
- Session invalidation on password change or logout
- Protection against session hijacking
Access Controls
Employee Access
We follow the principle of least privilege:
- Need-to-Know Basis: Employees only access data necessary for their role
- Multi-Factor Authentication: Required for all admin/employee access
- Access Logging: All data access logged and monitored
- Regular Reviews: Quarterly reviews of employee access permissions
- Background Checks: Conducted for employees with data access
- Confidentiality Agreements: All employees sign NDAs
User Access
- Strong Passwords: Minimum 8 characters, mix of letters, numbers, symbols
- Two-Factor Authentication (2FA): Optional (recommended) for added security
- Account Recovery: Secure email-based password reset
- Login Notifications: Alerts for new device logins
Data Backup & Recovery
Regular Backups
- Automated Backups: Daily automated backups of all data
- Geographic Redundancy: Backups stored in multiple geographic locations
- Encryption: All backups are encrypted
- Retention: Backups retained for 30 days
Disaster Recovery
- Recovery Plan: Documented disaster recovery procedures
- RTO (Recovery Time Objective): Target 24-48 hours
- RPO (Recovery Point Objective): Maximum 24 hours data loss
- Regular Testing: Disaster recovery procedures tested quarterly
Business Continuity
- Multi-region deployment for high availability
- Failover mechanisms for critical systems
- Incident response team on standby
Monitoring & Incident Response
24/7 Security Monitoring
- Real-Time Alerts: Automated alerts for suspicious activity
- Log Analysis: Continuous analysis of security logs
- Anomaly Detection: AI/ML-based detection of unusual patterns
- Uptime Monitoring: 24/7 service availability monitoring
Incident Response
In the event of a security incident:
- Detection: Incident detected via monitoring systems
- Containment: Immediate steps to contain the incident
- Investigation: Root cause analysis
- Remediation: Fix vulnerabilities and restore normal operations
- Notification: Affected users notified as required by law (within 72 hours per DPDP Act)
- Post-Incident Review: Lessons learned and improvements implemented
Data Breach Notification
If a data breach occurs, we will:
- Notify affected users via email within 72 hours
- Notify the Data Protection Board of India as required
- Provide details about the breach and steps taken
- Offer guidance on protective measures you can take
Third-Party Security
Vendor Assessment
All third-party service providers are carefully vetted:
- Security Audits: Vendors must provide SOC 2 or equivalent certifications
- Data Processing Agreements: Legal contracts ensuring data protection
- Regular Reviews: Annual security reviews of vendors
- Compliance: Vendors must comply with DPDP Act and other regulations
Third-Party Integrations
When integrating with third-party services:
- Minimal data sharing (only what's necessary)
- Secure API connections (HTTPS only)
- Regular security reviews of integrations
- User consent before sharing data with third parties
Compliance & Audits
Regulatory Compliance
Paisa Advisor complies with:
- Digital Personal Data Protection Act, 2023 (DPDP Act)
- Information Technology Act, 2000
- Sensitive Personal Data or Information Rules, 2011
Security Audits
- Internal Audits: Quarterly internal security reviews
- External Audits: Annual third-party security audits (planned)
- Penetration Testing: Regular pen-testing by security experts
- Vulnerability Assessments: Continuous automated scanning
Certifications (Planned)
We are working towards:
- ISO 27001: Information Security Management System certification
- SOC 2 Type II: Independent audit of security controls
Your Security Responsibilities
Security is a shared responsibility. While we protect our systems, you play a critical role in protecting your account:
Best Practices for Users
- Use a Strong Password:
- At least 12 characters long
- Mix of uppercase, lowercase, numbers, and symbols
- Unique to Paisa Advisor (don't reuse passwords)
- Use a password manager (LastPass, 1Password, Bitwarden)
- Enable Two-Factor Authentication (2FA):
- Adds an extra layer of security
- Protects even if your password is compromised
- Use authenticator apps (Google Authenticator, Authy)
- Keep Your Email Secure:
- Your email is your account recovery method
- Use a strong password and 2FA for your email too
- Be Cautious of Phishing:
- We will NEVER ask for your password via email
- Always check the sender's email address
- Verify URLs before clicking (look for https://paisaadvisor.com)
- Log Out on Shared Devices:
- Always log out when using public or shared computers
- Don't save passwords in browsers on public devices
- Keep Software Updated:
- Update your browser, operating system, and apps regularly
- Install security patches promptly
- Monitor Your Account:
- Review login history regularly
- Report any suspicious activity immediately
- Use Secure Networks:
- Avoid using public Wi-Fi for sensitive activities
- Use a VPN if accessing from public networks
Responsible Disclosure
Security Vulnerability Reporting
If you discover a security vulnerability in Paisa Advisor, please report it responsibly:
Our Commitment
- Acknowledgment: We will acknowledge receipt within 48 hours
- Investigation: We will investigate and validate the report promptly
- Fix Timeline: Critical issues fixed within 7 days, others within 30 days
- Updates: We will keep you informed of our progress
- Credit: We will credit you in our security hall of fame (if you wish)
- No Legal Action: We will not pursue legal action against researchers who report vulnerabilities responsibly
Bug Bounty Program
We are planning to launch a bug bounty program in the future to reward security researchers for finding vulnerabilities.
Transparency & Updates
Security Incident History
As of November 5, 2025: No security incidents or data breaches have occurred.
We are committed to transparency. If a security incident occurs in the future, we will disclose it here.
Security Page Updates
This security page is regularly updated to reflect our current practices. Check the "Last Updated" date at the top for the most recent version.
Security Blog
We plan to publish security updates and best practices on our blog (coming soon).
Questions About Security?
Your security is our priority. We're constantly improving our security practices to keep your data safe.