Results of Scanning the top 45 Android Mobile Banking Apps

This session provides details on development best practices, data leakage risk and security exposure for 45 Android mobile apps from the top US banks and mobile payment providers. The research displays vulnerabilities in consumer mobile banking apps and the correlating risk they introduce for banks and mobile users. Several of the mobile banking applications score low on application development best practices, use of shared or outdated code and overuse of third-party services or SDKs. The knowledge gained here will enable developers and mobile banking channel owners insight on the exact items needed to build more secure banking apps and to reduce banking fraud via the mobile channel.