Friday, February 24, 2017

Banking Apps - Good news & Bad News (actually its Bad News)



Good news -

  1. 11 million banking app logins a day during 2015.
  2. American Federal Reserve stats show that 71% of people using mobile banking services are confident about the security of mobile banking transactions.


Bad news - Pradeo Labs study: 
50 top banks from 22 countries

  •  7 breaches per app
  • 100% failure 
  • 50 million risky users



Check here for more info:
http://www.itsecurityguru.org/2017/02/24/security-specialist-identifies-security-breaches-apps-50-top-global-banks/

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