1. Introduction & Commitment to Uncompromised Security

At Bitiloc, the security of our users’ funds, data, and platform integrity forms the core foundation of our operational mission. We are committed to building a resilient, multi-layered infrastructure that not only meets but exceeds the stringent global security standards applicable to fintech, digital investments, and regulated financial technology.

This Security Statement outlines the comprehensive protocols, technologies, policies, and proactive measures Bitiloc implements to deliver uncompromised protection to our users.

2. Advanced Data Encryption & Confidentiality Protocols

• All data transmissions are secured via TLS 1.3 SSL encryption to maintain end-to-end confidentiality.

• User personal information, credentials, and financial data are stored using AES-256-bit encryption.

• Zero plain-text storage policy: all sensitive credentials and passwords are encrypted beyond reversible formats.

• Encryption keys are managed under hierarchical hardware security modules (HSM) to prevent unauthorized decryption.

• Real-time encryption validation ensures consistency, integrity, and durability of stored data.

3. Account Access & Multi-Layered Authentication

• Mandatory Multi-Factor Authentication (MFA) on all user accounts.

• Optional biometric login through compatible fingerprint and facial recognition devices.

• Adaptive AI monitors login behavior, device fingerprints, and geographic access patterns.

• Critical transactions require IP verification and additional step-up authentication.

• Full session timeout management and session hijack prevention mechanisms.

4. Wallet Infrastructure & Asset Custody Security

• Segregated hot and cold wallet systems isolate operational balances from long-term reserves.

• Cold wallets operate fully air-gapped with multi-signature hardware devices and offline key storage.

• Daily wallet reconciliations detect discrepancies within seconds via automated controls.

• Custodial partnerships with regulated institutions provide institutional-grade fund storage security.

• Full disaster recovery plans protect fund access continuity across multiple geographic locations.

5. Real-Time Transaction Monitoring & Fraud Prevention

• AI-powered fraud detection engines analyze transaction behavior in real time.

• Dynamic risk scoring flags anomalies in withdrawal, deposit, or internal fund transfers.

• Integrated sanction list screening via OFAC, FATF, UN, and global watchlists.

• Continuous anti-money laundering screening ensures early detection of suspicious patterns.

6. Compliance With Global Regulatory Frameworks

• Full adherence to AML, KYC, GDPR, CCPA, FATF, PCI DSS and regional financial compliance standards.

• External penetration testing and independent third-party audits validate system resilience.

• Dedicated compliance officers oversee legal, regulatory, and security audit requirements.

• Annual compliance reporting ensures full alignment with international financial regulators.

7. Infrastructure Resilience & Business Continuity

• Cloud-native distributed architecture ensures automatic failover and geo-redundant operations.

• 99.99% uptime SLA supported by enterprise-level load balancing, edge caching, and DDoS protection.

• Real-time system replication ensures operational continuity even during extreme scenarios.

• Full disaster recovery plans reviewed and tested regularly.

8. Employee, Vendor & Internal Security Governance

• Mandatory background screening for all staff with privileged access.

• Role-Based Access Control (RBAC) with strict least-privilege policies enforced across internal systems.

• Continuous security training, phishing simulations, and compliance awareness programs for all personnel.

• Third-party vendors undergo periodic security reviews and contractually enforced security SLAs.

9. Incident Response & Zero-Tolerance Breach Policy

• Any detected security incident triggers an immediate Incident Response Framework activation.

• Users are promptly notified of any confirmed data breaches or security events.

• Cooperation with regulators and legal bodies is fully embedded in the escalation protocols.

• Transparent breach disclosure ensures full user trust restoration measures.

10. Ongoing Security Investments & Commitment to Transparency

Bitiloc maintains a standing commitment to ongoing investment in new security technologies, evolving threat intelligence, and continuous system enhancement. Our platform evolves in parallel with emerging attack surfaces, regulatory demands, and global financial security standards.

We view security not as a one-time feature but as a permanent, evolving discipline at the heart of our corporate responsibility.

11. Security Contact Information

If you suspect any security issue, experience unusual activity, or wish to report any vulnerabilities, please contact:

📧 Email: security@bitiloc.com
🌐 Website: https://bitiloc.com