Is Personal Capital secure?

Personal Capital places a strong emphasis on security to protect its users' sensitive financial information. The platform employs advanced encryption technology, using SSL (Secure Socket Layer) encryption to safeguard data during transmission. This means that any information sent between the user's device and Personal Capital's servers is encrypted and shielded from potential interception. Moreover, Personal Capital utilizes two-factor authentication to add an extra layer of security. This feature requires users to provide not only their password but also a second form of identification, such as a code sent to their mobile device. Regular security audits and continuous monitoring of its systems are conducted to detect any unauthorized access or suspicious activities. In terms of data privacy, Personal Capital follows strict practices to ensure that users' personal information is not sold or shared with third parties without consent. Overall, while no system can guarantee complete security, Personal Capital takes significant steps to minimize risks and protect users' financial data. For more detailed information regarding security features, it is advisable to consult the relevant section of their website.