Intelligent CIO APAC Issue 40 | Page 41

FEATURE : CLOUD SECURITY FEATURE : and malware , according to a recent Consumer Expectations of Mobile App Security survey . Therefore , the old proverb ‘ forewarned is forearmed ’ has never been more relevant and important and app makers of banking and FinTech apps won ’ t stand a fighting chance if they don ’ t protect their customers against the following threats and attacks :
1 . Fake apps
Scams like the Simex case are not uncommon sadly . For example , one app – masquerading as an Asian trading company – lured social media and dating site users to download the fake app which opened the door for cybercriminals to wreak havoc .
Fake apps are published through ‘ Super Signature ’ processes that bypass security protections and mechanisms used by official app repositories . Using Mobile Piracy Prevention solutions will ensure that your Android and iOS apps will not be copied or become Trojan apps after being published to a public app store . Validating that apps signed for Apple and Google Play stores cannot be distributed to other stores is another
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