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Teleskop's Approach to Security
Teleskop's Approach to Security
Martin Pickrodt avatar
Written by Martin Pickrodt
Updated over a week ago

In today’s digital age, the security of financial applications is paramount. At Teleskop, we understand that our users entrust us with sensitive financial information and expect the highest standards of security and privacy. Our approach to security is comprehensive, integrating best practices with state-of-the-art technology and robust architecture to protect your data. Here, we detail the measures and technologies that underpin our commitment to securing your financial information.

Core Security Principles

Principle of Least Privilege

We implement strict access controls, granting systems, processes, and personnel only the minimum level of access necessary to perform their functions. This reduces the risk of unauthorized access and accidental data breaches.

Defense in Depth

Our security strategy involves multiple layers of defense. This means that even if one layer is compromised, additional layers provide ongoing protection. Key measures include multi-factor authentication (MFA) and encryption of data both at rest and in transit.

Compliance and Regulatory Adherence

Teleskop is committed to adhering to global data protection regulations such as GDPR and PDPA. We conduct regular security audits and assessments, working towards ISO 27001 certification to demonstrate our commitment to maintaining robust information security management.

Privacy by Design

We integrate privacy into every stage of our product development and business processes. This includes data minimization, user consent and control, secure data handling, and transparency in our privacy practices.

Advanced Cloud Security with AWS

Leveraging Amazon Web Services (AWS), Teleskop benefits from a range of physical and operational security measures. AWS’s data centers are staffed and surveilled 24/7, and they offer robust network security to protect against threats such as Distributed Denial of Service (DDoS) attacks.

Compliance and Certifications

AWS holds numerous security certifications, including ISO 27001 and SOC 2, ensuring that our infrastructure meets the highest security and compliance standards.

Modern Technologies for Application Security

Our application is built using a robust and secure technology stack, ensuring high performance and scalability. We employ a microservices architecture, allowing each service to be independently scaled and secured.

Containerization and Orchestration

We use leading containerization and orchestration tools to manage and deploy our microservices, ensuring consistency and security across environments. This approach enhances resource utilization and isolates services to prevent the spread of vulnerabilities.

Secure Software Development Life Cycle (SDLC)

Our Continuous Integration and Continuous Deployment (CI/CD) pipeline automates the integration and deployment of code changes, incorporating rigorous automated testing to identify and mitigate security vulnerabilities.

Monitoring and Logging

Teleskop employs advanced monitoring and logging tools to maintain visibility into the health and performance of our application. We use industry-leading solutions for real-time monitoring, centralized logging, and setting alarms for unusual activity.

API Security

Our APIs are designed with security as a top priority. We utilize advanced authentication and authorization methods to ensure secure access. Input validation and sanitization are performed to protect against common security threats.

Continuous Improvement

We are committed to continuously improving our security measures to adapt to new threats and advancements in technology. Regular reviews and updates ensure that our security practices remain effective and up-to-date.

At Teleskop, the security of your information is our top priority. We are dedicated to maintaining the highest standards of security to protect your data and ensure your trust in our services.

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