Is Microsoft Azure Secure For Your Brokerage?

One of the most common questions from our clients is, “is Microsoft Azure secure?” At Plugit, we take the security of your operations seriously. That’s why we build on the Microsoft Azure infrastructure.

Microsoft Azure – Privacy, Security, Compliance

Microsoft Azure is the cloud platform of choice for many household name companies worldwide. We’ve been a member of the Microsoft Partner program since 2013 and a Gold Partner since 2017. We build our systems on the extraordinary power of the Azure platform, power which shows in the performance our partners see in Plugit products.

Performance is nothing without control. Control is something Azure does very well!

Privacy

All your customer data remains under your control and in your possession. You have complete control over where and how your data is stored.

Security

The Azure infrastructure helps to secure your operating environment against unauthorized access. Azure encrypts all communications and processes for increased security against any potential threats.

Compliance

Compliance is an integral part of any brokerage operations. The Microsoft Azure platform abides by all recognized compliance standards at international and industry levels.

One of the main questions for any online brand has to be the security of its systems. We live in a digital age where we constantly share personal information online, exposing our data to potential threats.

These potential threats become especially important when it comes to the financial markets.

Opening a forex trading account involves the broker’s KYC (Know Your Client) process. A client must submit identification and proof of address documents to pass this KYC procedure.

Add the need for financial information to this, and system security must be at the top of your list of priorities.

You run the of risk data breaches and client information leaking if you haven’t built your brokerage around safe systems.

System security can be a double-edged sword. Yes, your systems need to be secure, but they also need to be accessible. Clients don’t like having to jump through hoops. You’ll see client numbers falling if your systems are too difficult to navigate.

Let’s take a closer look at the Microsoft Azure infrastructure and why we use it to deploy our award-winning plugins.

What is Microsoft Azure?

Over the last few years, more and more businesses have switched to Cloud technology. Cloud systems offer more security and flexibility and are easy to scale up. The typical running costs are also lower than comparable hardware systems.

Many of the biggest names in the digital world, including Amazon and Google, now offer cloud platforms. One of the oldest and most widely trusted cloud services is Microsoft Azure.

Launched in 2010, Microsoft Azure is home to over a hundred different services. Azure is hugely popular with companies worldwide to secure their data. In the United States, most Fortune 500 companies use Microsoft’s platform, which is a testament to its quality.

While Microsoft Azure offers developers a range of tools, some of the most significant features include:

Iaas: Infrastructure as a Service. The secure technology environment in Microsoft Azure provides an ideal platform for developers to create and deploy cloud-based applications.

Paas and Saas: Platform and Software as a Service. Azure cloud provides a secure platform for deploying and scaling the systems your brokerage needs to succeed.

Databases and Storage: The cloud environment makes for a very flexible and effective platform for data-hungry applications. You can store your data securely on Azure, and the service will scale to meet your needs as your data needs grow.

What are the security features in Microsoft Azure?

As one of the world’s biggest software companies and cloud providers, Microsoft goes to great lengths to secure the Azure environment.

Microsoft invests over a billion dollars yearly to improve cloud security and protect your data against leaks and breaches.

In addition, the company employs over 3,500 cybersecurity experts, including teams dedicated to finding potential vulnerabilities in the system.

As a result, the Azure environment is the solution of choice for the United States government for data storage and security.

Here are a few of the security precautions Microsoft takes to protect Azure customers:

Automatic encryption: All data is automatically encrypted, and the Azure environment detects any distributed denial-of-service (DDoS) attacks.

Smart Traffic Monitoring: Azure keeps a lookout for anything out of the ordinary and monitors traffic around the clock.

Smart Access Control: Admin accounts run in separate networks for complete control over access.

Trusted Execution Environments: Trusted Execution Environments ensure data security, either stored or during transmission.

One of the most valuable assets in your brokerage is your trader data. Your client database lies at the core of your operations, and securing your data is crucial.

Unfortunately, DDoS attacks and ransomware are common themes in the digital world. These range in threat levels from inconvenience hacks to hard-core professional attacks.

Safeguarding your client data involves much more than just choosing complicated login credentials. No matter how complex your password is, your data is at risk if your underlying system isn’t secure.

Plugit – Microsoft Gold Partner

The Microsoft Partner program comprises two separate layers. Silver and Gold designed to formalize the competency and skill levels a Microsoft partner operates at, backed up by customer feedback.

To achieve Gold Partner status, companies participating in the program must fill specific requirements:

• Participate in the Customer Satisfaction (CSAT) index.
• Submit five positive customer references.
• Employ at least Four Microsoft Certified Professionals.
• Pass the licensing overview assessment.
• Pass the sales and marketing competency assessment.

Plugit is a Gold Microsoft Partner. We know how to get the best out of the platform and have a decade of experience deploying powerful, secure applications.

Plugit is a leading provider of cutting-edge solutions in a highly secure environment. As a result, over a hundred global brokers trust their operations to our products.

You should check out what Plugit and Microsoft Azure can do to improve the security of your data.

Why not schedule a consultation with one of our onboarding specialists? We’ll be happy to show you what our intelligent systems can do for your brokerage!