Software Protection for Financial Application Integrity Across Platforms and Devices
The Threatscape
More and more consumers leverage mobile devices to conduct financial transactions. Key industry players in the financial services ecosystem including financial institutions, retailers, operators, merchants and cards issuers are re-defining the financial services landscape in the form of new products and services including: mobile banking, mobile P2P transactions, remote deposit, mCommerce, balance transfers and payments.
Although code review and other traditional application security processes help limit exposure posed by vulnerabilities, financial apps are very easily abused via reverse-engineering or tampering attacks. Worse, open-source platforms, such as Android, whose code is fully exposed, are at greater risk. Regardless of platform, jail broken mobile devices can result in hackers gaining root access to mobile applications in order to analyze security logic, insert malware, trojanize app, subvert authentication or access controls or steal intellectual property, such as algorithms or keys.
Deploying Application Integrity Protection
To combat mobile threats, app integrity protection strives to secure enterprises in the App Economy against next generation application threats where competitors, counterfeiters, or private hackers compromise an application's business purpose by tampering with deployed software to conduct mobile fraud, distribute malware, steal IP, corrupt devices or violate software licenses. With integrity protection, financial services can launch mobile applications with confidence without compromising security or revenue models when deploying in untrusted and unknown environments.
Arxan provides application integrity solutions that protect applications from attack in distributed or untrusted environments. Arxan’s technology protects financial services software against attack with built in “guards” that provide self-defense and tamper-resistance technology that deploys quickly with little overhead. Finally, Arxan’s technology gathers and reacts to intelligence on how attackers try to crack security controls, corporate policies, disable authentication/authorization, steal sensitive data, tronjanize apps or take IP.
Learn more about our Application Protection Products.