Half of mobile banks are vulnerable to cyberattacks

“The majority of mobile banking apps are vulnerable to threats, according to a new report from Positive Technologies. What’s more, most of the vulnerabilities are from server-side, not client-side.

Testing mobile banking apps for an “acceptable” level of security, the company found the greatest threat from client-side is unauthorised data access, with 43 percent of apps storing valuable data on the device itself and in cleartext.” – read more at ITProPortal!