Protecting Your Financial Data: A Complete Security Guide
Financial wellness starts with security. From phishing-resistant authentication to privacy-first data sharing, strong habits make digital finance safer. SaveCash is building default protections so security is effortless for every user.
Until we launch, use this guide to assess your current defenses and prepare for SaveCash’s security posture, which will include SOC 2 Type II controls, hardware-backed encryption, and continuous monitoring.
Threat Landscape Snapshot
- • 51% of account takeovers begin with a compromised email inbox.
- • 74% of fintech breaches involve social engineering rather than technical exploits.
- • 45% of consumers reuse passwords across 5 or more financial accounts.
Build a Defense-in-Depth Routine
Multi-Factor Authentication
Use hardware security keys or passkeys when available. SaveCash will support FIDO2 from day one.
Password Hygiene
Rely on a password manager to create unique, random credentials for every account.
Network Safety
Avoid sensitive transactions over public Wi-Fi. If unavoidable, use a trusted VPN and ensure HTTPS is enforced.
Device Hygiene
Keep operating systems patched, enable full-disk encryption, and remove unused financial apps.
Monitor and Respond Quickly
- Enable Alerts: Turn on transaction notifications for all bank and credit accounts.
- Review Statements: Reconcile accounts monthly to detect unauthorized activity early.
- Freeze Credit: Use free credit freezes to block new accounts until you intentionally lift the freeze.
- Create an Incident Plan: Document steps to contact your bank, file police reports, and notify credit bureaus.
How SaveCash Will Safeguard Data
We are implementing layered protections that meet or exceed industry benchmarks.
Security Pillars
- • Zero trust architecture with continuous device posture checks.
- • Data minimization and tokenization for third-party integrations.
- • Independent penetration testing and bug bounty programs.
- • Real-time anomaly detection built on privacy-preserving analytics.
Security Habits Checklist
Use this quick list to evaluate your current readiness.
- Unique password manager entries for every financial account.
- Hardware key or passkey set up for primary email and banking apps.
- Quarterly review of authorized apps connected to financial data.
- Documented recovery plan stored securely offline.
Join Our Security-First Community
SaveCash will share launch updates, security workshops, and beta invitations with waitlist members. Help us design protections that meet your expectations.
Join the waitlist →