Security & Risk Management
How we protect your financial transactions and data
Our Security Approach
We implement comprehensive security measures to protect your financial transactions, personal data, and account information. Our security framework is designed to meet regulatory requirements and industry best practices while maintaining the reliability and performance of our services.
Security Philosophy
At Numero, we believe that security is not just a feature but a fundamental requirement for any financial services platform. We approach security through multiple layers of protection, continuous monitoring, and ongoing improvement based on emerging threats and industry developments.
Our security measures are designed to protect against unauthorized access, fraud, data breaches, and other security threats while ensuring that legitimate users can access our services reliably and efficiently.
Core Security Measures
We implement industry-standard security measures to protect your information and transactions
Data Encryption
All sensitive data is encrypted using industry-standard encryption algorithms. We implement encryption for data both in transit and at rest to ensure comprehensive protection of your information.
Secure Authentication
We implement multi-factor authentication and secure login procedures to protect your account. Our authentication systems are designed to prevent unauthorized access while maintaining ease of use.
Transaction Monitoring
Our systems continuously monitor all transactions for suspicious activity and potential fraud. We use advanced algorithms and manual review processes to identify and prevent fraudulent transactions.
Access Controls
We implement strict access controls to ensure that only authorized personnel can access sensitive systems and data. Access is granted on a need-to-know basis and is regularly reviewed and updated.
Regular Security Reviews
We conduct regular security assessments and reviews of our systems and processes. This includes vulnerability assessments, penetration testing, and security audits to identify and address potential security issues.
Incident Response
We have established incident response procedures to quickly and effectively address any security incidents. Our team is trained to respond to security threats and minimize potential impact on our services.
Compliance and Regulatory Requirements
We are committed to meeting all applicable regulatory requirements and maintaining compliance with financial services regulations
Nigerian Financial Regulations
Central Bank of Nigeria (CBN)
Compliance with CBN guidelines for international money transfers and financial services
Anti-Money Laundering (AML)
Implementation of AML procedures and customer due diligence requirements
Know Your Customer (KYC)
Comprehensive KYC procedures for customer verification and risk assessment
Data Protection and Privacy
Nigerian Data Protection Regulation (NDPR)
Full compliance with NDPR requirements for data processing and protection
Data Security Standards
Implementation of industry-standard data security measures and protocols
Customer Privacy
Commitment to protecting customer privacy and maintaining data confidentiality
Risk Management and Mitigation
We proactively identify, assess, and mitigate risks to ensure the security and reliability of our services
Operational Risk Management
We implement comprehensive operational risk management processes to identify and mitigate risks associated with our business operations, technology infrastructure, and service delivery.
- • Regular risk assessments and monitoring
- • Business continuity planning and disaster recovery
- • Vendor and third-party risk management
- • Operational process controls and monitoring
Financial Risk Management
Our financial risk management framework addresses risks related to currency fluctuations, transaction processing, and financial operations to ensure the stability and reliability of our services.
- • Exchange rate risk monitoring and management
- • Transaction limit controls and monitoring
- • Liquidity management and cash flow monitoring
- • Financial fraud detection and prevention
Our Security Commitment
We are committed to maintaining the highest standards of security and continuously improving our security measures. Our security team works around the clock to monitor, protect, and enhance the security of our platform.
Continuous Improvement
We regularly review and update our security measures based on emerging threats, industry developments, and regulatory requirements. Our security framework evolves to address new challenges and maintain the highest level of protection for our customers.
Questions About Security?
If you have any questions about our security measures or would like to learn more about how we protect your information, please don't hesitate to contact us.