Yes. Separate from the file-export watermarking, a session-level watch tallies every customer/checkout/subscription row served through the ordinary list pages during a login session. If the running total, the number of list requests, or how fast consecutive requests arrive crosses a configured threshold, it's logged to the same Export Log (labeled as a "walk" rather than a download, noting "No file was downloaded") and the same alert email(s) go out. It's on by default. The toggle and its window/threshold fields are internal Sprwt settings, not on your own Client Config page — contact Sprwt Support if you need them tuned.