Safeguarding Your Digital Fortunes
Explore how our solutions are dedicated to preserving and securing your digital wealth and assets.
Propine is Setting the Industry Benchmark in Digital Asset Custody & Security
Security has always been the lifeblood of the leadership team at Propine. We have always been compliant and put the highest measures in place.
Security
Certifications
Our commitment to security is reflected in our ISO 27001 and SOC 2 Type II certifications, ensuring the highest standards of data protection.
Comprehensive Insurance Coverage
Rest easy knowing your assets are safeguarded with our comprehensive insurance coverage, providing an added layer of security.
Accredited Security Team
Our accredited security team is dedicated to protecting your assets, providing expertise and vigilance around the clock.
24/7 SOC & Specialist Incident Response
With our 24/7 Security Operations Center (SOC) and specialist incident response team, threats are swiftly identified and addressed, ensuring your assets remain secure.
Unparalleled Support for Monitoring Infrastructure
Benefit from unparalleled support for monitoring your infrastructure, keeping you informed and in control at all times.
AI / ML Enabled Events & Incident Management
Harness the power of AI and ML for advanced event and incident management, enabling proactive security measures.
Robust Backup & Disaster
Recovery Solutions
Explore our outstanding solutions for managing backup and disaster recovery, ensuring data resilience and business continuity.
Regular Penetration Testing
Our commitment to security includes regular penetration testing, providing ongoing assurance of the strength of your defenses.
Securing Digital Assets and Financial Interests
Learn more about how our technology is securing digital assets and interests of leading financial institutions
ISO 27001 Certified & SOC 2 Type II Compliant
Compliance and security are the cornerstones of our very existence. It is baked in our systems since Propine’s inception, and we have focused on building our business on sound principles of governance, compliance and data security.
Propine was the first digital assets custodian to be awarded an ISO 27001 certification, which is an internationally recognised specification for information security management. Audited by TÜV SÜD, an internationally accredited independent product testing service, Propine maintains information security management systems and determines which technical controls to implement so as to keep crucial information assets secure.
After ISO 27001, SOC 2 was the next milestone in our pathway of continuous security reinforcement.
Importantly, though the SOC 2 Type II report describes a service organization’s systems and whether the controls the company has put in place satisfy the SOC criteria, the criteria chosen for audit by organizations varies. We are very proud to state that SFF examined controls relevant to the trust services criteria categories covering the entire gamut including security, availability, confidentiality, processing integrity, and privacy in Propine’s audit and SSF did not note any exceptions. Therefore, Propine has been issued with a “clean” audit opinion from SSF.
Threat Detection and Incident Response
To stay ahead of the evolving threat environment and to ensure ongoing resiliency, we continuously monitor and respond to threats using tools including Web Application Firewalls, Intrusion Detection Systems, Endpoint Detection, and Response (EDR) solutions, and Anomaly Detectors, which provide visibility on risky accesses and anomalous activities across our entire infrastructure and application landscape.
Application and Infrastructure Security
We have adopted DevSecOps for our Development and Engineering practices and have automated Static and Dynamic Code analysis along with Dependency scanning tightly into our CI/CD pipelines. Vulnerabilities and Configuration drifts across infrastructure and applications are monitored on a continuous basis and remediated on priority on detections.
Digital Assets Insurance
To ensure peace of mind for our clients, all digital assets held in Propine’s custody are covered by 3 types of insurances, in accordance with the regulatory requirements of MAS.
D&O Liability Insurance
Protect your company’s leadership with D&O insurance, offering coverage against personal losses in case of legal actions.
Professional Indemnity Insurance
Ensure professional protection with PII, safeguarding against financial loss resulting from professional errors or negligence.
Crime/Theft Insurance
Safeguard your assets from criminal acts and theft with comprehensive Crime/Theft insurance coverage.
Digital assets are covered in the event of:
Employee Accountability
We uphold employee accountability to prevent wrongful acts, ensuring diligence and professionalism in all operations.
Third-party Security Measures
Our rigorous third-party security measures shield against hacks and unauthorized access to the storage environment.
Private Key Protection
Your private keys are safeguarded with utmost care to prevent theft or unauthorized access, ensuring the security of your assets.
Highly Available and Scalable Solution in Partnership with IBM
Propine’s suite of institutional grade, blockchain-agnostic solutions are built on IBM Hyper Protect Services. The IBM’s LinuxOne technology is currently used by major financial institutions for running business critical services and securing sensitive data for many years. In addition, it is the only service built on FIPS 140-2 Level 4 certified hardware, the highest security standard possible.
What Our Client Say
cutting-edge technology with a profound commitment to security and innovation.
“Propine’s high security infrastructure offers the trust that is required by our institutional clients. Our partnership with Propine adds an important value-added component to the Skyhook offering in the institutional capital markets by facilitating access to Propine’s institutional grade custody and asset servicing services within a regulated environment. We look forward to continuing our close collaboration.”
“The partnership with Propine enables Watiga Trust to offer our trust services for digital assets. Our clients are thus assured of regulatory compliance and transaction assurance, given Propine’s status as the first and only licensed digital asset custody service provider with a CMS licence by the Monetary Authority of Singapore.”
“As one of the largest registered investment advisors in the US, Wave Financial is always on the look out for high quality service providers in the crypto space. We were very impressed with Propine’s technology and security sophistication, along with the fact that they are properly registered and regulated by the Singapore government. We look forward to working more closely with Propine going forward.”
“As the first fully regulated and licensed private securities exchange in Singapore, security and trust are of utmost importance to us. We are glad to count Propine as a valued partner. Their digital assets custodial solutions give us and our investors greater assurance in this rapidly evolving space.”
“Propine is tackling a challenge that needs to be solved before we can see widespread acceptance of crypto products by institutional investors. The security solutions that they’re embedding in their product offering could see it become the gold standard for crypto custodians.”
“Propine is a crucial piece of infrastructure enabling institutions to enter the crypto economy. Safe and easy storage is incredibly important and Propine makes this possible through a unique solution.”
Our Blog
Deep dive into how Propine ensures an iron clad investor protection.
Securing Digital Assets and Financial Interests
Learn more about how our technology is securing digital assets and interests of leading financial institutions
