MyWealth Legatus system was built on top of a security layer that not only makes sure, but also guarantees counter measures to protect against potential threats and vulnerabilities. To mention but a few, MyWealth Legatus made it a point to cover all of the below facets, plus more.

• Application Security
• System Security
• Data Security

1. Smart Chain

MyWealth Legatus boasts about its self-executing contracts that provides a high-performance, low-cost alternative for deploying smart contracts and DApps while leveraging off:

• Independent and decentralized network of nodes that have no single point of control or failure. This enhances security and resilience.
• self-executing, tamper-proof agreements without relying on intermediaries.
• interoperability between different blockchain ecosystems and the seamless transfer of assets and applications.

2. Secure Authentication:

MyWealth Legatus implements multi-factor authentication (MFA) and biometric authentication, to ensure that only authorized users can access the system. The system also enforces password complexity requirements and regular password updates according to the MyWealth Legatus Security Policies.

3. Architecture

MyWealth Legatus is built over a Service Oriented Architecture (SOA) that promotes modularity, where services are developed and deployed independently. This modularity allows for better encapsulation of sensitive data and functionality within individual services, reducing the attack surface and limiting the impact of security breaches.

4. Authentication and Authorization

MyWealth Legatus Implements robust user authentication using a Role Based Access Control (RBAC) authentication system to manage user as well as service based authorization.

5. Input Validation and Sanitization

MyWealth Legatus validates and sanitizes all system and user-based input to prevent common security vulnerabilities such as cross-site scripting and SQL injections attacks. The system is built to also prevent the execution of none authorised action by making use of Cross-Site Request Forgery (CSRF) Protection via JWT tokens for sessions.

6. Security Testing and Code Review

MyWealth Legatus conducts regular security testing, including vulnerability assessments and penetration testing, to identify and address potential security weaknesses. MyWealth Legatus performs graded code reviews to identify security flaws and follows secure coding practices, including input validation, output encoding, and secure configuration management.

7. Security Monitoring and Incident Response

MyWealth Legatus Implements security monitoring mechanisms, including intrusion detection systems (IDS) and security information and event management (SIEM), to detect and respond to security incidents. As an extra layer, MyWealth Legatus boasts itself with counter security measures that not only deters such intrusions but also ensures the integrity, availability, and confidentiality of our system.