In today's tightly entangled, internet-dependent world, maintaining data security is essential for individuals and organisations. The importance of adopting safe practices on the web cannot be overstated. A recent study has revealed that the average cost of a serious data breach to an online service provider is around £4 million. It is clear to see why data protection is paramount, for both the company and the customer.
There are a number of measures that internet users can take to protect passwords and personal data. Were such information to fall into the wrong hands, the financial implications would be serious. With websites entrusted with safeguarding thousands of customer details, a security leak could have serious implications and leave the online company liable to prosecution.
At Quanti, we are committed to maintaining the highest levels of encryption and data security, for our members' safety and complete peace of mind. One of the ways in which we can contribute to the ongoing fight against online threats is by providing clear, concise guidelines concerning our security policies. We would encourage every web user to adopt good browsing practices to complement the security measures that underpin our reputation. Our members are advised to take a moment to familiarise themselves with some of the following web security tips. These are useful to know, not just in relation to Quanti's website, but to warn you of what security threats to look out for when browsing the web.
Look out for the https letters at the start of the URL displayed in your browser bar. This will inform you that the data you are sending and receiving is secure and is not visible to any third party. With Quanti, you'll see the https letters every time sensitive content such as password, log in or personal details is being sent between your computer and our servers. Depending on the browser you're using, you may see a padlock symbol or the address bar highlighted in green, in addition to the https prefix.
All of the customer data stored on our servers at Quanti is fully encrypted. This makes it virtually impregnable and renders it safe from hackers or accidental data breaches. Any sensitive customer information we hold is safeguarded using Advanced Encryption Standard. This government-approved encryption level is used by agencies to protect classified information up to 'Top Secret' level. Moreover, because we keep encrypted information and access keys on separate systems, in the extremely unlikely event of a data breach, the information would be rendered useless. At Quanti, we are proud to maintain the most rigorous encryption standards and make full disclosure of our company policy pertaining to data security. If you would like to ascertain whether other websites have adopted similar security standards, we would advise you to contact them directly for further information. Quanti never store unnecessary member information - we will only ask you for personal information if it is absolutely required. Rest assured, your data's safe with us.
In keeping with our security credentials, we deploy Cryptographic Hash Function to safeguard passwords. This is a one-way encryption algorithm that does not allow for decoding the password back to its original form. Whenever one of our members logs in, we will always encrypt the data they enter first and then compare it to the encrypted version stored on our database. This means that we never know the original password. This provision enables us to retain customer trust and ensures that passwords are never compromised.
In addition, there are a number of measures that every user can take to make their password more secure. Choose a password that is at least eight characters long and includes a mixture of letters and numbers, some of which should be case-sensitive. Avoid using the same password for multiple websites.
We take all aspects of web security seriously at Quanti and aim to provide total transparency regarding our data policy. If you have any questions regarding encryption and data storage, please contact us and we will be happy to assist.