Business Continuity Plan
The DriveWealth Business Continuity Plan (BCP) is designed to enable the firm to continue to provide client services as promptly as possible in the event of a Significant Business Disruption (SBD), such as natural disasters, power outages, etc. While no plan can completely eliminate the possible risk of service interruption, the company reviews and updates the BCP on a regular basis to mitigate the risk of service interruption to the extent possible, given the scope and severity of the SBD. DriveWealth operates in dual, redundant, data center facilities located in Virginia, USA. A “warm” datacenter is also available in Oregon, USA to provide redundancy in the case of a catastrophic loss of the primary facilities. Backups are performed daily and transferred offsite to our warm datacenter facility. In order to maintain data security and defend against cyber intruders, DriveWealth employs a host of defenses and disciplines. All transactions sent to and from the data center are encrypted.
Click Here to review DriveWealth’s BCP. The plan is effective from the date approved until the date of its authorized revision, update or replacement.