Why mobile banking is a target for cybercriminals

Security of Mobile Banking

Cover

Mobile devices now constitute the majority of web traffic globally, and consumers are embracing mobile banking in record numbers.

According to an analysis of mobile applications by SC Magazine, 50 of the world’s top 100 banks were found to be vulnerable to several security threats, and their apps had an average of 7 security flaws – putting half a billion mobile banking customers at risk.

In this white paper, uncover the challenges faced by mobile banking, including a comprehensive list of vulnerabilities cybercriminals exploit, such as:

  • Credentials/access
  • Personal data
  • Cardholder data
  • Mobile connections

Find out how banks can overcome the barriers to mobile banking security and respond with secure mobile banking applications. 

Vendor:
MobileIron
Posted:
05 Nov 2018
Published:
05 Nov 2018
Format:
PDF
Length:
8 Page(s)
Type:
White Paper
Language:
English
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