US Federal Bureau of Investigation warns that cybercriminals are increasingly targeting mobile banking apps – here’s what banks can do
ATLANTA & CAPE TOWN, South Africa-Monday 29 June 2020 [ AETOS Wire ]
(BUSINESS WIRE) -- Entersekt, a global specialist in digital security solutions, today released its updated guidance for financial institutions, Securing the Mobile Banking Channel, a white paper. This follows the FBI warning that an increase in attacks on banking applications by cybercriminals and fraudsters is likely, as consumers stuck at home during the COVID-19 pandemic rely more heavily on these platforms. And with recent research pointing to a marked distrust in banking communications among banking customers in the United Kingdom, it has never been as important for financial institutions to get the security of the mobile channel right.
“Current solutions to digital fraud have failed to alleviate consumer uneasiness around mobile b
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