Common use of Security on the Internet Clause in Contracts

Security on the Internet. 10.1. In the development of e-banking, special emphasis has been placed on security. To protect the Client, a multi-level security system has been developed which, among other things, makes use of high-standard encryption processes. In principle, this encryption makes it impossible for unauthorised persons to gain access to the Client’s confidential data. However, despite the use of state-of-the-art security procedures, absolute security cannot be guaranteed on either the Bank‘s side of the relationship or the Client‘s side. The Client duly notes that his own workstation and that of his designated Service User can be a particularly weak point in terms of e-banking security.