Digital payments give us greater flexibility. But are there risks?
If we take the example of cash payments, handling large amounts of cash is always tricky. The risk of losing notes or having your money stolen is very real.
Cheques or paper-based credit transfers were long the alternatives to cash, but again these types of payment were also not free of risk. Look at counterfeit cheques and cheques with non-sufficient funds. Compared with these traditional payment methods, digital payments significantly reduce risks if the basic security rules are followed.
There are admittedly some residual risks with digital payments, but exploiting them requires a lot of effort and specialised expertise far above those necessary for traditional payment fraud.
We can therefore say that digital payments are not risk-free (like all payment types), but in absolute terms these residual risks are well under control.Lars Weber
I can, however, guarantee that the customer data entrusted to the Bank are stored in highly secure internal systems. Even internally, these data can only be accessed if there is a proven need.
In addition to our duty and ambition to secure the bank’s data as effectively as possible, data protection is a priority for Spuerkeess as a result of the many data protection regulations (GDPR) and obligations (CSSF circulars, etc.) to which it is subject.
Like any bank that meets its data protection obligations, Spuerkeess therefore protects its customers’ data in accordance with current practices.Lars Weber
S-Net Mobile is an application that was designed from the ground up to meet all the security requirements.
The technical architecture and the mobile application meet best security practices and are constantly updated.
The level of security is also frequently revalidated by specialists (ethical hackers) and our in-house teams constantly follow the cyber news to respond as quickly as possible if necessary.