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Mobile Banking Apps Are Not Created Equal 

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In April 2019, five of seven CEOs from the largest U.S. banks testified during House Financial Services Committee and claimed cybersecurity as the largest risk to our financial system. As our banking practices migrate to mobile and cloud, so do the concerns about security and access our devices have. Regulators warn that mobile banking may help to address some challenges consumers face, but the mobile banking channel needs to become more trustworthy.

Download the report to learn about the security and privacy risks of iOS and Android banking applications from the top 45 US banks and mobile payment providers. This research scanned and scored 90 mobile banking apps available in the Apple App Store and Google Play in April 2019 for security, privacy, and data leakage risks. 

Zimperium is providing the anonymous results on the mobile app risks under responsible disclosure. If you are a banking leader responsible for the mobile or digital channels, email info@zimperium.com and Zimperium will assist you in identifying your app in the report.