In June 2020, the FBI warned consumers that an increase in mobile app-based banking Trojan activity was expected as a result of pandemic-driven increases in mobile banking activity. Cybercriminals are now investing more time and money than ever in attacking the mobile channel. To combat this, banks and FIs need to empower their mobile app developers with effective, efficient tools to apply proactive, client-side security measures.
To help security and DevSecOps leaders make the case for stronger mobile security, this white paper presents the business rationale and explains how app shielding with runtime-protection is key to developing a secure, resilient mobile banking app.
In this white paper, you will learn:
- How app shielding impacts revenue growth and cost reduction
- Key considerations when building the business case for app shielding
- Assumptions that leave the mobile channel more vulnerable – and how to get internal stakeholders to think differently about mobile security
- How to apply the OWASP standards as a benchmark for security
This White Paper is brought to you by OneSpan