INX Digital, Inc. and INX Limited
INX Digital, Inc. and INX Limited (“INX”, “the Company,” or “Us”) and its affiliates have developed a Business Continuity and Disaster Recovery Plan (“BCDRP”) on how INX will respond to events that significantly disrupt its business(es). Since the timing and impact of disasters and disruptions is unpredictable, INX will have to be flexible in responding to actual events as they occur. With that in mind, INX is providing you with this information on BCDRP.
GETTING IN TOUCH
If after a significant business disruption (“SBD”) you are unable to contact INX as you usually do at [email protected], you should go to the Company’s public website at https://INX.co/ and/or the Company’s official Twitter account https://twitter.com/INX_Group for additional information.
OUR BUSINESS CONTINUITY AND DISASTER RECOVERY PLAN
INX plans to quickly recover and resume business operations after an SBD and respond by safeguarding its employees and property, making a financial and operational assessment, protecting the Company’s books and records and allowing its users to transact business. In short, the Company’s BCDRP is designed to permit INX to resume operations as quickly as possible, given the scope and severity of the SBD.
The Company’s BCDRP addresses: data backup and recovery; all mission critical systems; financial and operational assessments; alternative communications with users, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring its users prompt access to their funds if INX is unable to continue its business.
DISRUPTIONS MAY VARY
SBDs can vary in scope, impacting only INX, a single building of the Company, the region, city or business district in which the Company is located. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In the event of a disruption impacting only the Company or the building in which its located, INX will transfer its operations to a local site as needed, with the expectation to recover and aim to resume business within 2 business days.
In the event a disruption is wider in scope, affecting either the region, city or business district in which the Company is located, INX will transfer its operations to a site outside of the affected area and with the expectation to recover and aim to resume business within 3 business days. In the event of a disruption to the Company’s data center, INX will take steps to promptly transition to a different data center and seek to recover and resume business within one business day. Regardless of situation, INX aims to continue its business and keep customers informed through the Company’s public website (https://INX.co/ ), its official Twitter account https://twitter.com/INX_Group, and/or by email. If the SBD is so severe that it prevents INX from continuing its business, INX will endeavor to provide users’ prompt access to their funds.
INX SECURITIES, LLC.
The INX Securities, LLC Business Continuity Plan (“BCP”) provides procedures for response and recovery in the event of a significant business disruption. You can find the full BCP HERE.
ADDITIONAL QUESTIONS
If you have questions, please contact us at [email protected].
