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Major Mobile Financial Apps Harbor Built-in Vulnerabilities

Aite Group report looks at perceived security of mobile financial apps versus the reality. Retail banking apps have the greatest number of critical vulnerabilities, the report says. Auto insurance apps had the most hard-coded private keys, API secrets in their code. The most secure mobile apps are those of banks that offer and service health savings accounts (HSAs), followed by health insurer mobile payment apps. Financial services companies should improve the security performance of their own organizations to boost security, says a security expert.”]

Source: https://www.darkreading.com/application-security/major-mobile-financial-apps-harbor-built-in-vulnerabilities

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