We live in an ultra-connected world in which billions of corporate and personal data are manipulated through mobile devices every second. Smartphones and tablets have inherent capabilities that, when illegally exploited, enable hackers to locate users, eavesdrop on their communications, access their files, microphones, camera, etc., making them a target of choice.
Gartner, the global research and advisory firm, recently published its first Magic Quadrant for Unified Endpoint Management (UEM) tools. “UEM refers to a new class of tools that can act as a single management interface for mobile, PC and other devices.”
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.