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Mobile banking application vulnerability resolution through jamming device

Admin Posted on 2018-05-14

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Technological improvements around the world have not left the financial sector. Millions of people have embraced a fundamental shift in mobile banking. People use a variety of mobile devices to conduct banking, and millions of people are expected to enter this trend in the coming years and months. Security is critical in almost any application, but for banking applications, the need for security is even more urgent. This is and should continue to be a top priority for building applications, but recent disclosures by security researchers have produced astounding results from security investigations. Our company has decided to investigate this issue in detail.

Many important places are to use cell phone jammer to ensure data security. For this method, let us read the relevant information together.

Strategy and research firm Speer said that the growth rate of mobile banking in 2011 was as high as 63%, and the adoption rate in the next few months was the same or even higher. With the development of technology, security problems have arisen. More and more concerns include the risk of mobile malware disclosure. These include Trojan horses, rootkits and viruses. This risk is unique when moving from traditional online banking to mobile banking. Other threats include third-party applications that can access user information about more trusted mobile banking applications.

Using an unsecure Wi-Fi network may be another source of sensitive information security. The most important weakness, perhaps the most difficult to predict or control, is the user's behavior. People often think of applications with built-in security mechanisms and they forget their responsibility to protect their devices. Downloading applications from insecure locations, using insecure networks, opening text, and clicking on links in emails is one way users can sacrifice their security.

Researcher Ariel Sanchez revealed that the findings were shocking. He released his findings after reviewing the iPhone and iPad mobile banking applications of the top 60 banks worldwide. He found that up to 90% of mobile banking applications in top-tier banks have serious security breaches that could result in the loss of sensitive bank information. The following are some of the highlights of the survey. For ordinary people, some terms are somewhat complicated. He found that up to 20% of applications have no technology to protect them from harmful memory attacks. Up to 40% of test applications do not validate SSL certificates.

Others are vulnerable to JavaScript injection attacks implemented by UIWebview. This allows the scammer to edit the source code and manipulate it to perform tasks on behalf of the owner of the mobile device. You can manipulate the device to perform an action, such as sending an SMS from a victim's device. Up to 90% of mobile apps include links that allow scammers to access information. In this case, you should contact your bank to block your account, turn off your phone, or use a cell phone jammer. This is a worrying trend and serious steps must be taken to reduce these potential losses.

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