Security with bank connections
Hey there. The software looks great but I have been trying to get reassurance about security with linking bank statements with know your dosh in Australia. Commonwealth bank was unable to verify. Please advise security & safety of personal details.
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May 8, 2025Thanks so much for the review. Commonwealth bank had some early timeout issues on there end last month which caused an issue with the verification and linking, but we have been assured this has been resolved, so would love for you to try again.
Security and safety of your information is vitally important to us and we ensure this through the following:
+ Bank-Level Encryption: All data is encrypted both in transit (using TLS) and at rest (using AES-256 encryption).
+ Secure Infrastructure: Our platform is hosted on highly secure cloud infrastructure with multiple layers of protection.
+ Zero Access Policy: Your financial data is private to you. Even our team cannot access your sensitive information without your explicit consent.
+ Two-factor Authentication: An extra layer of protection for your account, making sure only you hold the keys to your financial kingdom. Security with simplicity, just the way we like it!
+ No Storage of Credentials: Know Your Dosh intentionally refrains from storing your bank login information. Once your credentials are confirmed, we are granted “read-only” access to your accounts.