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Security report for magnetiqbank.com

Magnetiq · Finance · Latvia

Medium risk. 7 critical or high findings in Security headers, GDPR outside view and 1 other check.

Security score

68/100

Risk levelMedium

0–100, higher is better. How it is calculated

Magnetiq Bank is a newly established financial institution focused on providing licensed banking infrastructure and payment solutions primarily to fintech companies, eMerchants, and payment service providers. The company positions itself as a modern Banking as a Service (BaaS) provider with a strong emphasis on technology integration, API accessibility, and compliance with industry standards. Their market presence is supported by partnerships and principal membership with Visa and Mastercard, serving over 1000 companies across more than 10 countries. Technically, the website is built on WordPress with modern SEO and analytics tools, showing good digital maturity and mobile optimization. Security posture is solid with HTTPS and domain protections, though some improvements like DNSSEC and explicit security policies are recommended. Overall, the site is professional, trustworthy, and well-aligned with its business goals.

Scanned

NIS2 and GDPR posture

GDPR outside view
50/ 100 · Medium
Checks completed
7of 7

NIS2 Art. 21(2)

  1. (a) Risk analysis and security policies: Not visible from outside
  2. (b) Incident handling: One indicator
  3. (c) Business continuity, backups and crisis management: Not visible from outside
  4. (d) Supply chain security: Not visible from outside
  5. (e) Secure acquisition, development and maintenance, including vulnerability handling: Partly checked
  6. (f) Assessing the effectiveness of security measures: Not visible from outside
  7. (g) Cyber hygiene and security training: Not visible from outside
  8. (h) Cryptography and encryption: Partly checked
  9. (i) HR security, access control and asset management: One indicator
  10. (j) Multi-factor authentication and secured communications: Not visible from outside

This scan rated NIS2 with an earlier keyword method that is no longer shown; rescan for the per-article view. Risk management, continuity, supply chain, training, MFA, management oversight (Art. 20) and incident reporting (Art. 23) need internal evidence, and Guard cannot tell whether NIS2 applies to this organisation.

GDPR is indicative only, based on publicly visible signals: Articles 7, 12, 13 and 32 of Regulation (EU) 2016/679 and Article 5(3) of the ePrivacy Directive. Not a certification or legal assessment.

Priority findings

7 findings rated critical or high. Fix these first.

  1. Security headers

    Security headers are instructions your web server sends to every visitor’s browser. Missing ones leave visitors more exposed to attacks such as clickjacking and injected scripts.

    • High

      Missing Strict-Transport-Security header

      Forces HTTPS connections

      What to do: Add "Strict-Transport-Security: max-age=31536000; includeSubDomains; preload"

      • CWE-319
      • OWASP A04:2025
      • ASVS V3.4.1
    • High

      Missing X-Frame-Options header

      Prevents clickjacking attacks

      What to do: Add "X-Frame-Options: DENY" or "X-Frame-Options: SAMEORIGIN"

    • High

      Missing Content-Security-Policy header

      Controls resources the browser is allowed to load

      What to do: Implement a Content-Security-Policy appropriate for your application

      • ASVS V3.4.3
      • OWASP Secure Headers: OWASP Secure Headers Project recommends Content-Security-Policy: default-src 'self'; form-action 'self'; base-uri 'self'; object-src 'none';…

  2. GDPR outside view

    These are the privacy signals visitors and data protection authorities look for under GDPR.

    • High

      No Privacy Policy found

      GDPR requires a clear and accessible privacy policy

      What to do: Add a comprehensive privacy policy page and link to it prominently

    • High

      No Cookie Consent Banner found

      GDPR requires explicit consent for non-essential cookies

      What to do: Implement a cookie consent banner that appears on first visit

Need hands-on remediation? Email guard@offseq.com

Keep watching magnetiqbank.com

This scan found 20 issues across 6 checks. Monitoring re-runs those checks daily, emails you when something material changes and records each fix, so you can show progress.

Daily monitoring

Recommended

€25per month

  • TLS certificates and expiry
  • DNS records
  • SPF, DKIM and DMARC
  • Security headers
  • GDPR and NIS2 posture
  • Exposed services
  • Third-party trackers
  • Security score drift

Email alerts on material changes and an exportable JSON history of every change.

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Full report

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Results by check

Each check with its score, findings and the evidence it collected.

How this score is calculated

The security score runs 0–100, higher is better. It is the plain average of the security checks that completed in this scan, each counted equally. A check that could not run is left out: it counts neither as a pass nor as a fail.

Counted in this score

SSL/TLS
75
Security headers
15
Email security
85
DNS health
85
Network security
100
GDPR outside view
50
Average
68

Not counted

  • NIS2 outside view: Re-weights evidence from the TLS, email, DNS, network and hygiene checks, so counting it would count that evidence twice. Shown on its own.
  • OffSeq Observations: An AI reading of the site, useful context but not reproducible evidence. Shown on its own.

Findings that cap the score at 49

Each of these is serious on its own, so while any is present the site cannot rate better than high risk, however good the other checks are.

  • The certificate is not trusted by browsers
  • The website is not served over HTTPS
  • A database, remote desktop, file-sharing or Telnet service is reachable from the internet
  • The page loads a script from a compromised source
  • The domain registration has expired
  • SPF authorises every server to send mail as the domain

Partial scans

When the site blocks Guard or most checks cannot run, the score covers only the checks that ran (usually DNS and email), is capped at 75 and is shown as partial, without a risk level.

Risk levels

  • Critical0–25
  • High26–49
  • Medium50–75
  • Low76–100

Technical appendix

Business context, site observations and technical notes gathered during the scan, and the standards behind each reference.

Business context

Business profile

Magnetiq Bank operates in the competitive fintech and banking sector, leveraging licensed banking infrastructure to serve a diverse client base including fintech startups, eCommerce platforms, and crypto-asset service providers. Their business model centers on BaaS, enabling clients to launch and scale financial products efficiently. The company demonstrates growth potential through active partnerships, a robust API offering, and a focus on customer collaboration. Their market positioning is enhanced by principal membership in major card networks and a growing client base. The company maintains a consistent brand and provides extensive product information, signaling a mature approach to market entry and customer engagement.

Security posture

The website enforces HTTPS and employs domain status protections to prevent unauthorized changes, indicating a baseline security maturity. However, the absence of DNSSEC and lack of published security policies or incident response contacts suggest areas for improvement. No critical vulnerabilities or exposed sensitive data were detected in the content. The use of modern web technologies and secure forms supports a positive security posture, but formalizing security disclosures and enhancing DNS security would strengthen trust and compliance.

Recommendations

  1. Enable DNSSEC on the domain to enhance DNS security and prevent spoofing.
  2. Publish comprehensive privacy, cookie, and security policies to improve transparency and compliance.
  3. Implement a security.txt file to facilitate responsible vulnerability disclosure.
  4. Add explicit incident response contact information to demonstrate preparedness.
  5. Review and implement additional security headers such as Content-Security-Policy and X-Frame-Options.
Site observations

Automated reading of the public site. Ratings are indicative.

Business

Company
Magnetiq
Description
Experience the future of banking with Magnetiq Bank Solutions. Discover their innovative technology and solutions for EMI, PI, P2P, CASP, SPI
Key services
All types of payments in 100+ currencies, Services for eCommerce, Banking as a Service, Safeguarding accounts with segregated funds, Payment gateway, Account management services, Global payment solutions
Content quality
excellent
Branding
consistent

Technology

Stack
WordPress, Yoast SEO Premium, Google Tag Manager, Google Analytics, Cloudflare DNS, Swiper.js, Overlay Scrollbars, Prism.js, Intl-Tel-Input, Flag Icon CSS
Frameworks
Yoast SEO, Google Site Kit
Platforms
WordPress CMS
Performance
moderate
Mobile
excellent
Accessibility
good
SEO
excellent

Security

Observed score
75/100
Good practices seen
  • HTTPS enforced
  • ClientDeleteProhibited domain status
  • ClientRenewProhibited domain status
  • ClientTransferProhibited domain status
  • ClientUpdateProhibited domain status
  • Use of Cloudflare DNS

Analytics and tracking

Services
Google Analytics, Google Tag Manager
Tracking level
moderate
Privacy practices
basic

Advertising

Marketing tools
Yoast SEO
Transparency
basic

Site quality

Design
excellent
User experience
excellent
Content relevance
excellent
Navigation
excellent
Professionalism
excellent
Trustworthiness
high

Key observations

  1. Website is professionally designed and well-structured.
  2. Content is comprehensive and targeted at fintech and business clients.
  3. Strong branding and consistent messaging throughout the site.
  4. Use of modern web technologies and SEO best practices.
  5. No explicit privacy or cookie policy pages found, but cookie consent mechanism is implied.
  6. Contact information is clearly provided including email, phone, and contact form.
  7. No social media links detected in the provided content.
  8. No explicit security or incident response policies published.
  9. WHOIS data supports legitimacy and recent domain registration consistent with business launch.
Technical notes

Notes

The website is built on WordPress CMS with a modern tech stack including Yoast SEO Premium for SEO optimization, Google Tag Manager and Analytics for tracking, and various JavaScript libraries for UI enhancements. Hosting appears to leverage Cloudflare DNS services, contributing to performance and security. The site is mobile-optimized with responsive design and accessibility considerations. Performance is moderate, with opportunities to optimize loading times further. The technical implementation supports the business model well, enabling API integrations and scalable service delivery.
Standards and sources

Reference chips under each finding point to the standard, regulation or specification the finding relates to. They are taken from the official datasets below and mapped conservatively: a finding with no defensible link shows none. NIS2 and GDPR references mark where a finding is relevant evidence, not a compliance verdict. Implementing Regulation (EU) 2024/2690 binds digital infrastructure and digital service providers; for other entities it is the most detailed public reading of the Article 21 measures. WCAG, EN 301 549, European Accessibility Act and Web Accessibility Directive references name the requirement an automated accessibility rule relates to; they are not a conformance verdict.

Retrieved 2026-10-25

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