{"id":1527,"date":"2017-03-07T02:30:19","date_gmt":"2017-03-07T02:30:19","guid":{"rendered":"https:\/\/blogs.scu.edu\/finis\/?p=1527"},"modified":"2017-03-07T02:30:19","modified_gmt":"2017-03-07T02:30:19","slug":"mobile-banking-applications-found-to-be-unsecure","status":"publish","type":"post","link":"https:\/\/blogs.scu.edu\/finis\/2017\/03\/07\/mobile-banking-applications-found-to-be-unsecure\/","title":{"rendered":"Mobile Banking Applications Found to be Unsecure"},"content":{"rendered":"<p><span style=\"font-weight: 400\">A European mobile security company, Pradeo, tested mobile banking applications with startling results. The company found that 50 of the world\u2019s largest 100 banks had completely vulnerable mobile applications. Pradeo used simple techniques and combined techniques to test the applications. All 50 that it studied were found vulnerable. This means that hackers can retrieve account or transaction information and steal passwords among other possibilities. The article goes on to mention that mobile technology is still relatively new as compared to established technology like computers and laptops. With this, security measures are better on the established technologies while mobile security is still evolving. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The most interesting fact from this study is that 71% of people that use mobile banking are confident in its security. Throughout the blog posts, we\u2019ve debated the issue of security in fintech, but what\u2019s more interesting is how people have \u2018blind faith\u2019 in these large scale mobile apps. It will be interesting to see how new regulations play a role in security issues. Additionally, I wonder if the publishing of this report will dissuade users from using their mobile banking apps and what that means for the role of fintech in mobile banking. This security issue may cause delays in the integration of fintech and mobile applications. <\/span><\/p>\n<p><a href=\"https:\/\/www.cyberscoop.com\/testing-pradeo-100-percent-mobile-banking-applications-vulnerable\/\"><span style=\"font-weight: 400\">https:\/\/www.cyberscoop.com\/testing-pradeo-100-percent-mobile-banking-applications-vulnerable\/<\/span><\/a><\/p>\n<p><a href=\"http:\/\/blog.pradeo.com\/banking-applications-vulnerabilities\"><span style=\"font-weight: 400\">http:\/\/blog.pradeo.com\/banking-applications-vulnerabilities<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A European mobile security company, Pradeo, tested mobile banking applications with startling results. The company found that 50 of the world\u2019s largest 100 banks had completely vulnerable mobile applications. Pradeo used simple techniques and combined techniques to test the applications. All 50 that it studied were found vulnerable. This means that hackers can retrieve account &hellip; <a href=\"https:\/\/blogs.scu.edu\/finis\/2017\/03\/07\/mobile-banking-applications-found-to-be-unsecure\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Mobile Banking Applications Found to be Unsecure<\/span><\/a><\/p>\n","protected":false},"author":863,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1527","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":0,"qubely_featured_image_url":null,"qubely_author":{"display_name":"nneumann","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/nneumann\/"},"qubely_comment":0,"qubely_category":"<a href=\"https:\/\/blogs.scu.edu\/finis\/category\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","qubely_excerpt":"A European mobile security company, Pradeo, tested mobile banking applications with startling results. The company found that 50 of the world\u2019s largest 100 banks had completely vulnerable mobile applications. Pradeo used simple techniques and combined techniques to test the applications. All 50 that it studied were found vulnerable. This means that hackers can retrieve account&hellip;","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/863"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=1527"}],"version-history":[{"count":1,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1527\/revisions"}],"predecessor-version":[{"id":1528,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1527\/revisions\/1528"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=1527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=1527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=1527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}