Snippet: These days, we’re more likely to leave home without our wallets than our mobile phones. But, while there’s no doubting the convenience of digital banking, there are an awful lot of stories in the news about accounts drained of funds in phishing scams, SIM-swap attacks, and malware-powered account takeovers.

These days, we’re more likely to leave home without our wallets than our mobile phones. But, while there’s no doubting the convenience of digital banking, there are an awful lot of stories in the news about accounts drained of funds in phishing scams, SIM-swap attacks, and malware-powered account takeovers.

Increasing use of digital banking, including by the less savvy holdouts among us, has presented hackers and cybercrime syndicates with something resembling a pot of gold – one that they’re doing everything to exploit.

New security risks are emerging every day, which begs the question. How secure is your mobile banking app really? How robust is any mobile app? Our latest infographic takes a look at some common weaknesses that threaten their security.

Forewarned is forearmed, after all.

  


Want to know more about Entersekt’s approach to mobile banking security? Download our fact sheet on how a multi-layered solution helps eliminate digital banking and payments fraud.

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Entersekt is an innovator of customer-centric fintech solutions. Financial services providers and other enterprises rely on our patented mobile identity system to provide both security and the best in convenient new digital experiences to their customers, irrespective of the service channel. With us, they can concentrate on their innovation roadmap, while delivering intuitive, low-friction digital experiences to their customers.