Security at Flourish: 5 key pillars
Since day one, security has been a top priority at Flourish. We follow best-in class security measures to protect our customers' data and assets at all times, focusing on 5 key pillars:
Client data in our production environment is protected at all times with bank-level encryption, and our production environment is protected with strict access controls.
Our information systems are designed and built following security best practices and undergo annual penetration testing.
We’ve built our platform on Amazon Web Services (AWS) using secure cloud computing patterns and tightly controlled AWS managed services.
We require modern security features that are designed to safeguard client accounts, including strong passwords, automatic logouts, and mandatory multi-factor authentication.
Our products are offered through regulated entities, and we have a dedicated Chief Compliance Officer and compliance team to oversee a comprehensive compliance program.
Here are just a few of the ways we keep your account secure:
Advanced login protection
Suspicious activity monitoring
New bank holds
Dedicated security team
Paxos: A qualified custodian
Paxos Trust Company provides cryptocurrency execution and custody services for Flourish Crypto.2 As a highly-regulated and audited crypto custodian, Paxos was built from the ground up to keep assets secure:
Secured the first New York Department of Financial Services Trust charter for digital assets in 2015
Institutional grade hot and cold wallet storage
Client funds are bankruptcy remote, segregated from any corporate assets
Sophisticated security measures, including Multi-party Computation (MPC) signing for warm and hot wallets, and multi-signature signing for cold wallets