Security measures and the online trading brokers

According to the Universal Declaration of Human Rights, the “security of person” is a “fundamental human right, held by all, undeniable, and indivisible”, and this right is at the core of the VALUESEC project’s task of “defining and quantifying attributes of costs and benefits, advantages and disadvantages of security measures”. In this article we are going to explore how security is provided to Thai online traders by one of the leading online trading platform in the area: IQ Option

Economic security online

The provision of security applies not only to fields like food, health, society and the environment, but also to the economy. Let’s take the example of online trading: with thousands of people from diverse social backgrounds trading and investing significant amounts of money on trading platform every day, trading brokers are being confronted with the emergence of what is called the “responsibility to protect” users and traders.

The example of Thailand

Thailand is a striking example of a country where financial technology is thriving and where the need to protect private investors is fundamental. What is being done in this sense? How can traders protect themselves from the frauds that are proliferating on the Net? While in Europe a number of licensed, regulated and reputable brokers exist, in Thailand it is hard to know which local brokers are legitimate and which one should stay clear of. Most often, foreign brokers are favored over local ones, because of their transparency and the strength of their platform and services.

One of the most reliable brokers in Thailand: IQ Option

We took much interest in IQ Option, a leading binary broker that has been attracting more and more traders thanks to the reliability of its credentials: CySEC, MiFID, CONSOB, FCA. Such certificates are the guarantee that the broker meets all the reliability and security standards and that it operates in the interest of the traders, not against them as many detractors of online trading will tell you. IQ Option also offers a “demo” account, in order to help users to test, establish and improve their trading strategies.

Report on Final Conference available

The report on Final Conference is available in this website.

You may find it at:

http://www.valuesec.eu/content/d76-report-final-conference

ValueSec Final Conference Brief Summary

On Tuesday, Dec, 10th, ValueSec's final conference "Decision Support for Security Policy. Current research and trends" took place in Brussels. The project was presented to an audience of around 50 people including end-users, private companies and scientific experts.

Valencia’s Formula 1 European Grand Prix Use Case Workshop

Date: November, 14th, 2013  

Venue: Valencia, Spain  

The aim of the workshop is to perform a demo of the ValueSec toolset prototype to the authorities and stakeholders in charge of the security of the Valencian street circuit. Also ATOS´s tool, Riger, supporting the Risk Reduction Assessment of this use case will be shown.

ValueSec in the PACT privacy reference framework and decision support system workshop

Date:October, 17-18, 2013 

Venue: Madrid, Spain 

Atos has participated in the PACT privacy reference framework and decision support system workshop. Atos took part actively in the group discussions providing the attendees and overview of the ValueSec approach. As a result of the ongoing collaboration with PACT, also some screenshots of Atos’ Riger tool which is used in ValueSec’s Formula 1 use case, were shown as an example of how a Risk Analysis tool could look like.

Publications and articles section has been updated

All publications and articles related to the project have been included in this section:

http://www.valuesec.eu/content/publications-and-articles

ValueSec Presentation updated

ValueSec project presentation has been updated. It is available at the section of Dissemination material.

Direct link to ValueSec Presentation:

http://www.valuesec.eu/sites/default/files/2013.08.30._ValueSec_Project_Presentation_General.pdf

Munich Workshop Report available

On June 26, 2013 the ValueSec project conducted its second stakeholder workshop in Munich, Germany. The aim of the workshop was the in-depth presentation of the ValueSec toolset to the relevant stakeholders.

ValueSec will participate in the 8th Future Security Conference

Date: September 17-19, 2013 

Venue: Berlin, Germany  

Conference of the Fraunhofer Group for Defense and Security (Fraunhofer VVS) - "8th Future Security Conference", Berlin, Germany, September 17-19, 2013 (forthcoming)

Workshop of the ChemLog T&T Project during the 18th Magdeburg Logistics Days - Secure and Sustainable Logistics

Date: June 19-20, 2013

Venue: Magdeburg , Germany  

Workshop of the ChemLog T&T Project during the "18. Magdeburger Logistiktage - Sichere und Nachhaltige Logistik" (18th Magdeburg Logistics Days - Secure and Sustainable Logistics) Magdeburg, Germany, June 19-20, 2013 (http://www.magdeburger-logistiktagung.de/)​

Recent changes in the web

  • VALUESEC overall goal of this project is to develop a tool-set to support policy decision makers in balancing decisions with overall policy objectives, political and ethical values, and societal concerns. The project will develop the means to make more transparent and systematic assessments of the wide array of costs involved in security decisions and the field of possible and expected benefits linked to them. It will thus lead to more appropriate and effective decisions.

    The underlying objectives will be:

  • Consortium (people)

  • Project: Mastering the Value Function of Security Measures ( VALUESEC )

    Project Coordinator: Christian Blobner, FhG/IFF (DE)

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