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How secure is payoneer against data breach ?

payoneers Member Posts: 1
edited June 2015 in Ask The Community

I have signed up to the payoneer and I was a little bit nervous when I saw how much information I have to provide to the company just to get my card.

So now I am wondering what will happen if server gets hacked and if an attacker get access to the database, not only money but all our information will be in a hands of cyber criminals.

So my question to the CTO of payoneer (Ben Yaniv Chechik) is how are you protecting user data? Is there any guarantee to us users that data is stored encrypted in cold offline servers once our identity has been verified?

On side note, you admitted that nothing is 100% secure officially here:

Thanks in advance and best regards