Showing posts with label Banking Apps. Show all posts
Showing posts with label Banking Apps. Show all posts

Thursday 2 April 2015

How Secure Is Your Bank? Security Firm Reports Vulnerabilities in 70 Percent of Mobile Banking Apps


Credit: betanews.com
People are becoming increasingly concerned about their security. They use two-step authentication, login alerts, and third-party security services to better protect their email and social media accounts. One would hope for a similar -- if not more secure -- level of protection from our banks. After all, this is the place where we put most of our earnings and savings. However, apparently we are all mistaken. Mobile security firm Appvigil is reporting that as many as 70 percent of the top 100 mobile banking apps on the Android operating system in the APAC region are vulnerable to security attacks and data leaks.