Hi Sam, could Endowus share more about how you are mitigating cyber-security risks? This is in my opinion the biggest risk after the global pandemic given the massive transition to cloud/SaaS globally?

Hi Mocha,

We agree that cyber security risk is extremely important in this day and age and have taken steps to address them systematically. Cyber security and security of clients information is something that's really important to us.

We're committed to MAS' Technology Risk Management Guidelines and the Cyber Hygiene Notice and are continuously reviewing and implementing security measures to better protect our clients and their personal data. All your details/documents. uploaded are encrypted in transit and at rest. We have strict access controls internally in regards to access of client data, and also require additional layers of authentication. We have also implemented cyber penetration testing on a regulary basis with our external consultants and vendors with reputable leading cyersecurities companies to make sure our systems are robust. Thank you!​​​