Weak Security In Most Mobile Banking Apps
Holy cow, eight out of ten? That isn't the most comforting news to get during the holiday shopping season. Security experts this month tested 275 Apple iOS- and Android-based mobile banking apps from 50 major financial institutions, 50 large regional banks, and 50 large U.S. credit unions. Overall, they found that eight out of 10 apps were improperly configured and not built using best practices software development.
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