One question all traders ask when registering with a broker is how secure their personal details are. There are several safeguards that protect traders' information, and one is the Payment Card Industry Data Security Standard, or PCI DSS. So what is PCI DSS and why should you care? What is the PCI DSS? PCI DSS is a standard for all businesses that store, process, and transmit cardholder data, specifically covering technical and operational practices. PCI DSS was developed to encourage and enhance cardholder data security, and to facilitate the broad adoption of consistent data security measures globally.
Every organization that handles online payments must comply with the high standards of PCI DSS, or risk penalties such as fines and the restricting of card transactions. The PCI DSS was launched in 2004 and is the result of collaboration between major credit card brands: American Express, Discover, JCB, Mastercard, and Visa.
Whenever a trader deposits or withdraws through Exness, you can be sure that the process is secure and within the PCI DSS guidelines. Such knowledge gives our traders the confidence to park their financial wealth in an Exness trading account, ready to be accessed when market conditions are attractive.
Exness employs an impressive team of cyber security experts who regularly host meetups with IT professionals from all industries. We pride ourselves on our intelligent solutions that defend against malware, and we are constantly pushing boundaries and setting new benchmarks. Thanks to our innovative cyber experts and a dedicated firewall configuration to protect cardholder data, our clients can enjoy peace of mind, no matter how high their equity reaches.
In line with PCI DSS standards, we do not use vendor-supplied defaults for system passwords and other security parameters.
Another major safeguard that Exness follows is to encrypt transmissions of cardholder data across networks. We track and monitor all access to network resources and cardholder data, regularly testing security systems and processes. We also regularly perform internal and external vulnerability scans and penetration testing.
Exness takes confidentiality, integrity, and the security of cardholder information very seriously. In some cases, our own security standards are higher than that of PCI DSS. This is not only to protect our traders but also to guarantee our transaction standards are never in question, ensuring fast and uninterrupted deposits and withdrawals.
Exness’ transactional security sets an impressive benchmark for the financial services industry, and yet our deposits and withdrawals remain fast and reliable. We believe that security and ease of transactions are what our clients want, and we deliver exactly that for 500,000 active monthly clients.
If you haven’t yet tried trading with Exness advantages, open an account today and test our unique features and favorable trading conditions.
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