Yes. Your Cogni account is protected with the same bank-level security you expect from any traditional financial institution.
All funds deposited into Cogni are FDIC-insured through our partner bank. This means your money is federally protected against bank failure. The FDIC insures deposits up to the maximum amount of $250,000 per depositor.
All data is transmitted securely using AES 256-bit encryption over TLS 1.2. Our technology is also subject to periodic audits by independent experts. This isn’t only to ensure that we’re compliant with financial industry standards, but also to maintain a platform that utilizes the best engineering and security practices possible.