Principles of Mobile Banking SECURITY

To help banks and fintech companies navigate the modern threat landscape, we’ve put together a comprehensive guide, that presents key recommendations and best practices for securing iOS and Android mobile banking applications throughout their lifecycle.

Download our guide to learn:

• General principles of implementation: Foundational methods that developers can implement to encourage secure mobile banking application development.

• Authentication and authorization of operations: How cryptographic protection of performed operations and control of application access should be implemented.

• Secure communication with the server: Ensuring that data transmitted between apps and the server remains confidential and intact using communication via secure channels, self-signed certificates, SSL pinning, and more.

• Run-time application protection (RASP): Effectively addressing runtime weaknesses inherent in modern mobile operating systems.

• Behavioral authentication: How to adopt a behavior sensing model that observes user behavior and transaction patterns to level up security.
• Fraud detection: Introducing a mechanism that scores transactions based on their risk level and determines the appropriate authentication methods.