Banks have digitalized their services to offer the best experience to their clients. As a result, it is now of current use to check accounts and transfer money from mobile banking applications, arousing the interest of hackers to exploit the wide mobile attack surface. Facing this new vector of threats, the Bank to which this use case refers decided to ensure the security of its mobile banking application by leveraging Pradeo Security Runtime Application Self-Protection (RASP) solution.
What is the PSD2?
The second Payment Service Directive (PSD2) and its associated Regulatory Technical Standards (RTS) have been published by the European Banking Authority and validated by the European Parliament in early 2018.
Pradeo developed an advanced Artificial Intelligence process delivering the most accurate threat detection technology of the market. Through the years, the Pradeo intelligence center has collected 100 billions of mobile security data, implemented 200.000 security rules and detected nearly 1 million severe mobile threats and billions of leaky behaviors.
While the World Cup is around the corner, football applications are becoming omnipresent. Among their features, you can check live scores, follow your team ranking, create an account linked to your social media etc. At first sight, nothing scary. But while investigating applications* connected to one of the most followed event in the world, Pradeo’s research team found out a worrying trend: most of them are highly intrusive and vulnerable. On top of the list, there is the Eurosport app which was downloaded more than 10 million times.
Our highly digital world has fundamentally changed companies’ organization. Smartphones and tablets are now at the center of our personal and professional usages, with an average of 5 hours per day spent on them. In constant demand of immediacy, the new employee is mobile, flexible and always connected.