At Options Auto Trader, the security of your data and trading activity is our top priority. We have implemented multiple layers of protection to ensure that your information is safe when using our platform. This article explains the key security measures we have in place, including how we handle passwords, data encryption, and our hosting setup.
No Passwords Stored, Secure Broker Connections
We do not store your broker passwords on our platform. Instead, we connect to brokers using the OAuth authentication process. This industry-standard protocol allows you to securely connect your broker account to Options Auto Trader without exposing your credentials.
What is OAuth?
OAuth is a secure authorization framework that enables third-party platforms (like Options Auto Trader) to access your broker account without ever handling your password.
When you connect your broker account through OAuth, you're redirected to the broker's secure login page to grant access. This ensures that your password remains private and safe.
Benefits:
No Password Storage: Since we don’t store your password, there is no risk of your credentials being exposed or compromised on our platform.
Secure Access: OAuth ensures that access to your account is granted securely and can be revoked at any time through your broker.
Data Encryption for Storage and Transmission
We take data encryption seriously to ensure your information remains protected both during transmission and while stored on our servers. All data exchanged between your browser and our platform is encrypted using industry-standard encryption protocols.
Key Security Features:
Encrypted Data Transmission: All communication between your device and our platform is encrypted using SSL/TLS. This prevents unauthorized parties from intercepting or tampering with your data.
Encrypted Data Storage: Any data that is stored on our servers is encrypted at rest, ensuring that even if someone gains access to our storage, they won’t be able to read the data without proper authorization.
Benefits:
Secure Communication: Encryption ensures that any data you send to or receive from Options Auto Trader is safe from eavesdropping or interception.
Safe Storage: Encrypted data storage adds an extra layer of security, ensuring that your information remains confidential, even if access to the storage is compromised.
Hosting and Security on AWS
We use Amazon Web Services (AWS) for our hosting and security infrastructure. AWS is a leading provider of cloud services, known for its robust security protocols and reliability.
Why We Use AWS:
World-Class Security: AWS provides multiple layers of security, including physical security at data centers, network security, and encryption services.
Scalability and Reliability: AWS allows us to scale our platform efficiently while maintaining high security standards.
Compliance: AWS complies with a broad set of international and industry-specific security standards, including SOC 2, ISO 27001, and PCI DSS.
Benefits:
Trustworthy Infrastructure: AWS is trusted by financial institutions, governments, and enterprises around the world for secure cloud hosting.
Redundancy and Reliability: AWS ensures high uptime and data redundancy, meaning your trading experience is both secure and reliable.
Conclusion
Options Auto Trader is built with multiple layers of security to protect your data and trading activity. From using OAuth for broker connections, ensuring data encryption during transmission and storage, to leveraging the secure infrastructure of AWS, we prioritize your security at every level.
If you have any further questions or concerns about the security of the platform, feel free to reach out to our support team for assistance.