Get newsletter

Be the first to receive the latest news about Numbrs.

23.03.2018

Update to new EU Data Protection Regulation and what it means for Numbrs users

Numbrs is committed to helping all users manage their personal finances in the simplest and most secure way.

In order to give our users a strong sense of security, we provide them with information on topics regarding topics such as privacy, cybersecurity and the protection of personal data in a transparent manner. Data protection and privacy laws and regulations are also part of this. For this reason, we would like to inform our users about the new EU data protection regulation with this article.

The General Data Protection Regulation comes into force 25 May 2018. Its aim is to provide users with additional rights and protection. Numbrs supports any initiative that is designed to protect the data of our users. The law introduces uniform application of data protection laws in all EU member states. The law is applicable to any and all businesses offering goods or services in the EU, such as through their website or through an app. Being a Swiss company with users in Germany and the UK, Numbrs is required to comply with the regulation.

Nothing new for us: ‘privacy by design’ and ‘privacy by default’

The General Data Protection Regulation explicitly requires data processing systems to be designed with the relevant data protection principles in mind from very beginning (privacy by design), for example, through the pseudo-anonymisation of personal data. Furthermore, solely data is required for the provision of our services is to be collected (privacy by default).

From the beginning, Numbrs pseudonymised the data of its users. Beyond that, we apply a clear design language to indicate which security settings can be selected from in the app. Users can, for example, freely choose whether they wish to add their PIN to the Numbrs app.

Please find more information about how Numbrs secures your data within our Security Whitepaper here.

Such security measures described are incorporated at all stages of the development of the Numbrs App, starting from the earliest conceptualisation stage to regular app updates. As such, these measures are not solely carried out by our dedicated security team but are part of our overall company strategy and culture.

What are the next steps?

Numbrs has been committed to ensuring safety of its user data with the help of leading security and data protection technologies designed to safeguard personal information and ensure a bug-free user experience from day one. In doing so, Numbrs welcomes the new EU Data Protection Regulation and will continue to do everything to keep user data safe.

Archive

October 2020

September 2020

August 2020

July 2020

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020

December 2019

November 2019

October 2019

September 2019

August 2019

July 2019

June 2019

May 2019

April 2019

March 2019

February 2019

January 2019

December 2018

November 2018

October 2018

September 2018

August 2018

July 2018

June 2018

May 2018

April 2018

March 2018

February 2018

January 2018

December 2017

November 2017

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017