Yesterday, DBS sent out an email regarding the importance of keeping your login credentials secure.
We have met with representatives of DBS last week to discuss this issue, and both organisations are fully aligned that online security is of utmost importance to all of our users.
To be clear, Seedly does not ever store your login credentials. That is why 2FA login is required every time you sync your accounts on the Seedly app. In addition, the sync process is PCI DSS and ISO27001 compliant and provides only read access to your transactions.
PCI DSS – A data security and compliance program
ISO27001 – An information security standard which governs how companies manage sensitive information and assets
Seedly is wholly confident in the security measures that we have put in place. In fact, we undertake frequent and comprehensive penetration tests and security audits by third-party cybersecurity agencies. That is why