iTech Software Offers a New Enterprise-grade Cybersecurity Solution for Brokers

Digital technology is one of humanity’s incredible inventions, coming
with benefits and risks in equal measure. In the category of risks,
cyberthreats are the biggest concern that professionals face today across
industries. In its 2023 “Global Risks Report”, the World Economic Forum warned
that cybersecurity would remain a challenge throughout 2024, with financial
systems and communication infrastructures being most vulnerable to
cyberattacks.

Prioritising data security, iTech Software staves off cyberthreats,
helping online brokers run their business without interruptions and cut down
costs. The company enjoys particular notoriety in the fintech industry for its
turnkey brokerage solution that meets even the most discerning needs of Forex,
CFD and crypto entrepreneurs.

iTech also takes credit for building an agile security system that
shields brokerage platforms and websites against any malicious interference.
Deploying state-of-the-art Distributed Denial of Service (DDoS) defence
technology, iTech Software has developed a cybersecurity solution that ticks
all the boxes.

Mitigating cyberattacks

The innovative tech firm has proved a remarkable ingenuity in finding
lasting solutions to problems that have long been lurking in the industry. Here
is how iTech can significantly reduce the risk of cyberattacks:

●
Dedicated servers. Committed to safeguarding its clients’ data safety,
iTech Software stores all its partners’ data on dedicated servers. This not
only lends operational autonomy, it also protects against external
interference.

With a dedicated server, brokers using iTech’s tech
suite enjoy enhanced website and platform performance, scalability and
security. Most importantly, the server can be customised to each broker’s
requirements while hosted in one of iTech’s ultra-secure data centres.

●
Daily database backups. iTech clients can be at ease that all their
critical data is backed up every 24 hours, which guarantees seamless access to
it even in the face of unforeseen events.

Standing guard over its partners’ operational
efficiency, the company restores any lost sensitive data from a backup copy
with 99% of the content and changes preserved. From database (DB) replication
to faithfully backing up DB file modifications with a timestamp to logging
events, nothing gets lost.

●
Mirror technology for utmost website
resilience. When it comes to
tamper-proofing websites, iTech’s server mirroring technology is a winner.
Providing optimal load balancing, this sophisticated system provides 99.99%
website fault tolerance during massive hacking attempts, limiting their
damaging effects.

By cutting off the attacking cluster, the system
re-builds server communication in such a way that the website remains up and
running even during the attack, with no loss of data.

●
Static IP. Another vital element for online trading market
players is maintaining access to their back-office systems. To help brokers
keep tabs on their back-office activities and prevent malicious interference,
iTech has come up with the right solution for brokers using its CRM – static
IP. This gives users a constant whitelisted IP network identification, offering
brokers control over who can access their back-office systems without posing a
threat. Another key benefit of the static IP is convenient remote accessibility.

●
Two-factor authentication (2FA). Phishing (aka data breach concerning lost or
stolen credentials) is one of the most widespread forms of cyberattack
targeting online brokers. With its 2FA (two-factor authentication) extra layer
of protection, iTech Software puts an end to phishing attacks by neutralising
the risks associated with any compromised credentials – before they even
happen. This helps boost trust in brokerage services, ensuring traders’
sensitive information is protected at all times.

●
Monthly security reports. Always at the client’s side, the technology
provider issues monthly security reports that offer a clear overview of the
status, empowering brokers to address potential threats promptly and
efficiently.

●
Quarterly third-party audits. To warrant its clients’ data security, iTech
has partnered with trusted cybersecurity companies that conduct regular audits
that help preserve any system’s integrity and safety.

●
Secure API integration. To minimise vulnerabilities, brokers can
securely use iTech’s API to connect to affiliate and IB websites securely.

●
Proxyable branding. Anonymity, access to global CDNs, multilevel content
caching, a Web Application Firewall (WAF), and a bullet-proof access policy are
the key benefits of using proxy protection servers such as iTech’s. iTech
Software makes every brand proxyable, or in other words, it protects its IP
address, extending its lifespan without compromising security.

●
Anti-bot algorithm. Digital bots have been polluting the online space for
decades, and their harmful effects are well-known especially in the brokerage
industry. If not stopped, they can jeopardise a broker’s reputation. This is
where iTech’s powerful anti-bot algorithm comes into play, making broker
websites impregnable. For enhanced protection, brokers can also add a CAPTCHA
seal on their homepage.

Thus, by presenting brokers with a technology bundle that covers all
bases of brokerage operation and optimisation, from customer relationship
management to marketing, back-office and website cyberproofing
cost-effectively, iTech Software emerges as the go-to technology provider for
trading platform operators looking for a competitive edge.

What about you? Looking to beat the competition? Contact
iTech Software and discover how you can gain the edge you deserve.

This article was written by FL Contributors at www.forexlive.com.