Daba - Trust, Compliance and Security
Daba’s services are designed to adhere to the highest industry standards and best practices in trust, compliance, security, and safety.
License and Regulations
At Daba, we prioritize the security and privacy of our users' financial information. We have obtained key compliance certifications to demonstrate our commitment to maintaining a secure and trustworthy platform:
U.S. Securities and Exchange Commission (SEC) Registered Investment Advisor (RIA)
Daba is registered with the SEC as an investment advisor, ensuring that we meet the strict standards of the U.S. financial regulatory system. This registration demonstrates our commitment to transparency, fairness, and acting in the best interests of our clients.
Bourse Régionale des Valeurs Mobilières (BRVM) Data Distributor Agreement
Daba has secured a data distributor agreement with the BRVM, the regional stock exchange serving West African countries. This agreement allows us to provide our users with real-time, accurate, and reliable market data from the BRVM.
Partnering with Licensed Brokers and Asset Managers on the BRVM
To ensure that our users legally have access to a wide range of investment opportunities, Daba partners with licensed brokers and asset managers who are authorized to operate on the BRVM. These partnerships enable us to offer a diverse array of investment products while maintaining the highest standards of regulatory compliance.
Compliance and Certifications
At Daba, we prioritize the security and privacy of our users' financial information. We have obtained key compliance certifications to demonstrate our commitment to maintaining a secure and trustworthy platform:
Payment Card Industry Data Security Standard (PCI DSS) Compliant
Daba is fully compliant with the PCI DSS, a rigorous set of standards designed to ensure the secure handling of credit card information. By adhering to these standards, we protect our users' sensitive payment data from potential breaches or unauthorized access.
Benefit to Users:When you invest through Daba, you can trust that your payment information is handled securely, minimizing the risk of fraud or data theft.
AWS Well-Architected Review Certified
Daba's infrastructure has been certified through the AWS Well-Architected Review process. This certification validates that our platform is designed and built following AWS best practices for security, reliability, performance efficiency, and cost optimization.
Benefit to Users:Our AWS Well-Architected certification gives you peace of mind knowing that your investments and personal information are managed on a robust, secure, and efficiently designed platform.
Security
At Daba, the security of our users' investments and personal information is our top priority. We employ a comprehensive security framework to protect your data and ensure a safe investing experience
Encryption
All sensitive user data, including PCI and personal information, is encrypted both in transit and at rest using industry-standard encryption protocols.
We use SSL/TLS certificates for our microservices, which are periodically and automatically renewed to maintain the highest level of security.
Secure Infrastructure
Our infrastructure is built on Amazon Web Services (AWS), leveraging their world-class security features and best practices.
We use AWS services such as Elastic Kubernetes Service (EKS), Elastic Container Registry (ECR), and Elastic Load Balancing (ELB) to ensure a secure and scalable environment for our platform.
All access to our infrastructure components is strictly controlled and monitored, with least privilege access principles enforced.
Data Protection
Your investment and personal data is stored in secure, encrypted databases such as MongoDB Atlas and AWS RDS.
We enforce strict access controls and regularly monitor for any suspicious activity to prevent unauthorized access to your data.
User Account Security
We strongly encourage all users to enable two-factor authentication (2FA) on their Daba accounts to add an extra layer of security.
Always use strong, unique passwords for your Daba account and never share your login credentials with anyone.
Regularly review your account activity and contact our support team (info@joindaba.com) immediately if you notice any suspicious activity.
Got questions?
We can answer them
Does your organization have a documented information security policy that has been operationalized to identify, mitigate, and monitor information security risks, including physical security when applicable, relevant to your business?
Yes – We have a documented policy and an operational information security program
At Daba, we strictly go with the Well Architected Framework of AWS to help guide us build scalable, resilient, well-secured and fault-tolerant infrastructure