uno customers can feel even more confident about using our bank-level secure platform. We now have $1 million Cyber Insurance which means if, after applying for a home loan through the uno platform, you have your identity stolen and suffer financial loss as a result, uno (if liable) will reimburse you for losses up to $1 million.
Even though the chances of this happening are extremely rare – your data is encrypted and stored with one of the strongest block ciphers available – if it were to happen, you can rest assured you’re protected when you use our platform.
You’ve heard of AirBnB right? Well, uno’s $1 million Cyber Insurance is not dissimilar to AirBnB’s Host Protection Insurance, which offers those who rent out their houses and apartments protection against third party property damage and bodily injury claims, up to $1 million.
We constantly review our system requirements to keep up with data-security technology – which is always evolving – and our platform has bank-level security. We currently have an industry-standard TLS certificate with 2048-bit encryption for data security and a 256-bit Advanced Encryption Standard (AES-256) block cipher.
We rigorously ensure our systems are secure and work meticulously to anticipate any weaknesses. Hey, we even pay a guy to try to hack into our system once a year and tell us if we need to up the ante. So far, we haven’t had any fails.
In summary, subject to policy terms and conditions, we are fully insured up to $1 million against data breaches from online transactions using our platform – even if they are unlikely.
If you have any questions about any of this, please don’t hesitate to get in touch. We’re here to help.
Please note this is a summary of the Planwise AU Pty Ltd t/as uno Home Loans Cyber Liability Insurance policy ONLY. Nothing contained herein is general or personal advice. Furthermore, it is declared and agreed that nothing contained in this summary should be understood to be an express or implied condition, term or exclusion which forms part of the Insurer Policy terms and conditions or be relied upon in the event of a Claim. Please contact Planwise AU Pty Ltd t/as uno Home Loans for access to our Certificate of Currency.