Security is at the heart of everything we do
Akoya promotes a safer, more secure method for accessing and sharing financial data.
Our steadfast approach to security
Akoya uses the National Institute of Standards (NIST) Cybersecurity Framework and Center for Internet Security (CIS) principles to guide and establish our overall security program. This includes documented policies, standards, controls, and commitments to satisfy the requirements defined in each policy. The Akoya Information Security team manages our information security policy portfolio and its lifecycle management, including policy creation, changes, approvals, exceptions, and removal.
The goals of Akoya’s cybersecurity and risk program include:
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Safeguarding the preservation of confidentiality, integrity, and availability of Akoya systems and information
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Protecting customers, employees, and the Akoya business
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Ensuring Akoya’s reputation as a trusted service provider is upheld
Security strategy
Our goal in developing and implementing these data security measures is to instill confidence in data providers and data recipients joining Akoya’s data access network and, more broadly, to bring about a safer and more cyber resilient Open Finance ecosystem.
Secure data handling
Intended to protect both our organization and customers against evolving threats, Akoya maintains a policy defining strict requirements for information classification, labeling, handling, monitoring, and disposal (i.e., lifecycle management) for all Akoya data.
Encryption
All data traversing our platform is encrypted in transit using industry standard encryption algorithms. Encryption at rest for customer data is not required because Akoya does not store personal customer data.
Frameworks & architectures
Akoya adheres to industry standards for our systems and infrastructure to ensure that data is protected, users are safe, and businesses can thrive in an open market. Taking into consideration Akoya’s risk appetite, our policies are continuously guided by NIST, CIS, COSO, laws, regulations and industry best practices.
Security models & protocols
Akoya has adopted and integrated several innovative security models and protocols to keep its assets and data safe from unauthorized access.
Trusted for secure financial data access and sharing
Akoya’s approach to third-party risk management
Akoya’s data access network is inclusive of the entire financial services industry and serves fintechs, data aggregators, financial institutions, and credit unions. In this highly regulated yet diverse ecosystem, Akoya’s third-party risk management services ensure both network data providers and data recipients receive a comprehensive, transparent, streamlined solution.
