Are payments in Sweden safe?
Payments in Sweden are generally safe. The critical infrastructure for digital payments has experienced few disruptions in 2024. At the same time, individual actors have been exposed to cyber attacks and disruptions, and the geopolitical situation means that the risk of new attacks is significant. The security of the payments system is also challenged by other vulnerabilities – including the cash infrastructure. In addition, digitalisation has contributed to vulnerability to disruptions in electricity networks and data communications. This development has also led to a change in payment-related offences, for instance, fraud has become a major problem in recent years.
Published: 10 March 2025
What is needed for payments to be safe?
The payment system shall be stable, resilient to disruptions in normal times and able to function in peacetime crises and states of heightened alert. It should be possible to use multiple payment methods so that payments can be made even if there is a disruption in any part of the system. Protection against fraud must be high. The payer and payee must be confident that the payment will be received and that the cash received is genuine, and that sensitive information such as authentication and card details are not disclosed and used by unauthorised persons.