--- title: "[White Paper] Mobile Banking: Regulations, Threats & Fraud Prevention" description: Mobile banking is a 24/7 remote service offered by banks and financial institutions to their clients. It is delivered through mobile applications and allows to monitor account balances, follow transactions, make fund transfers, etc. image: https://blog.pradeo.com/hubfs/dossier_bank.jpg --- [![pradeo_logo_color](https://blog.pradeo.com/hs-fs/hubfs/pradeo_logo_color.png?width=220&height=33&name=pradeo_logo_color.png "pradeo_logo_color")](https://pradeo.com) - Solutions - [Mobile Threat Defense](https://pradeo.com/en/solutions/mobile-device-security/mobile-threat-defense/) - [Secure Private Store](https://pradeo.com/en/solutions/mobile-device-security/secure-private-store/) - [Mobile Application Compliance Audit](https://pradeo.com/en/solutions/mobile-application-security/application-compliance-audit/) - [Runtime Application Self Protection](https://pradeo.com/en/solutions/mobile-application-security/rasp/) - [Shielding](https://pradeo.com/en/solutions/mobile-application-security/application-shielding/) - [Application Security Testing](https://pradeo.com/en/solutions/mobile-application-security/application-security-testing/) - Use cases - [Cybersecurity in MDM/ UEM](https://pradeo.com/en/use-cases/cybersecurity-in-mdm-uem/) - [Securing mobile devices](https://pradeo.com/en/solutions/mobile-device-security/mobile-threat-defense/) - [Securing Mobile Applications](https://pradeo.com/en/solutions/mobile-application-security/application-security-testing/) - [Malware / leakware protection](https://pradeo.com/en/solutions/mobile-device-security/mobile-threat-defense/) - [Phishing protection](https://pradeo.com/en/solutions/mobile-device-security/mobile-threat-defense/) - [Ensuring compliance for applications](https://pradeo.com/en/compliance/) - [Ensuring compliance for mobile fleet](https://pradeo.com/en/compliance/) - [Securing BYOD](https://pradeo.com/en/solutions/mobile-device-security/secure-private-store/) - [Become partner](https://pradeo.com/become-partner/) - Resources - [Solution briefs](https://pradeo.com/en/resources/?solution-briefs) - [Customer Cases](https://pradeo.com/en/resources/?customer-cases) - [Integration briefs](https://pradeo.com/en/resources/?integration-briefs) - [White Papers](https://pradeo.com/en/resources/?white-papers) - [Analyst reports & guides](https://pradeo.com/en/resources/?analyst-reports-guides) - [On demand webcast](https://pradeo.com/en/resources/?webcasts-on-demand) - [About us](https://pradeo.com/en/about/) - [Blog](https://blog.pradeo.com/) - [Contact](https://pradeo.com/contact/) - en - [**FR**](https://blog.pradeo.com/fr) - [**DE**](https://blog.pradeo.com/de) ### Topics - Select a Topic ### Stay up to date SUBSCRIBE TO OUR BLOG ### Stay up to date [Mobile Security](https://blog.pradeo.com/topic/mobile-security) [Cybersecurity](https://blog.pradeo.com/topic/cybersecurity) # \[White Paper\] Mobile Banking: Regulations, Threats & Fraud Prevention ![Picture of Roxane Suau](https://blog.pradeo.com/hubfs/roxane-suau.jpg) By [Roxane Suau](https://blog.pradeo.com/author/roxane-suau) on October, 3 2018 [mailto:?subject=Take%20a%20look%20at%20this%20article](mailto:?subject=Take%20a%20look%20at%20this%20article) ![dossier_bank](https://blog.pradeo.com/hubfs/dossier_bank.jpg) Mobile banking is a 24/7 remote service offered by banks and financial institutions to their clients. It is delivered through mobile applications and allows to monitor account balances, follow transactions, make fund transfers, etc.    The mobile banking service has quickly been embraced by consumers, as 79% of US internet users had downloaded their bank’s mobile application in 2017, according to a study by [Market Force Information](https://www.marketforce.com/). In 2018, Mobile banking usage keeps skyrocketing with a nearly 50% increase in usage year over year, according to [The Citi Mobile Banking Survey](https://www.multivu.com/players/English/8313051-citi-mobile-banking-study-2018/). Increasing mobile banking adoption and customer expectations put banks under pressure and the question is no longer to offer an application, but to feature cutting-edge services and ensure the best protection from data theft and fraud. To stay ahead of the competition, major banks as well as community banks and credit unions quickly developed their mobile applications, which they frequently update with new capabilities. In this race against time, mobile application security is often left aside. Several studies led by the Pradeo Lab show that mobile banking applications have an average of 20 vulnerabilities and are rarely equipped to face the sophisticated mobile threats lurking on them. In order to ensure the protection of sensitive data, governments and authorities are publishing more and more laws ruling the use of personal data as well as the mobile banking sector.   ## Discover in this white paper dedicated to mobile banking: - The state of mobile banking security - The mobile banking regulatory framework - Mobile threats targeting the banking industry - The consequences of an attack - How to prevent data theft and fraud    ###### About The Author [More from this author](https://blog.pradeo.com/author/roxane-suau) ![](https://blog.pradeo.com/hs-fs/hubfs/roxane-suau.jpg?height=100&name=roxane-suau.jpg) ###### Roxane Suau #### Recommended articles [![Smartphones: massive data leaks… that are perfectly legal](https://blog.pradeo.com/hubfs/Template%20article%20(14)-1.png)](https://blog.pradeo.com/smartphones-massive-data-leaks-that-are-perfectly-legal) ###### [Smartphones: massive data leaks… that are perfectly legal](https://blog.pradeo.com/smartphones-massive-data-leaks-that-are-perfectly-legal) - December 18, 2025 [![Mobile threats: what the new ANSSI report reveals](https://blog.pradeo.com/hubfs/Template%20article%20(11)-1.png)](https://blog.pradeo.com/mobile-threats-what-the-new-anssi-report-reveals) ###### [Mobile threats: what the new ANSSI report reveals](https://blog.pradeo.com/mobile-threats-what-the-new-anssi-report-reveals) - December 4, 2025 [![Techstep chooses Pradeo to provide next-level Mobile Threat Defense to its users](https://blog.pradeo.com/hubfs/Template%20article%20(13).png)](https://blog.pradeo.com/techstep-chooses-pradeo-to-provide-next-level-mobile-threat-defense-to-its-users) ###### [Techstep chooses Pradeo to provide next-level Mobile Threat Defense to its users](https://blog.pradeo.com/techstep-chooses-pradeo-to-provide-next-level-mobile-threat-defense-to-its-users) - November 20, 2025 #### Recommended articles ### Popular articles ### Stay up to date ### Recent articles ### Articles récents [RedHook: the banking trojan that grants itself system-level access on Android](https://blog.pradeo.com/redhook-the-banking-trojan-that-grants-itself-system-level-access-on-android) - 3 October, 2018 [What Google's latest report reveals about mobile threats](https://blog.pradeo.com/what-googles-latest-report-reveals-about-mobile-threats) - 3 October, 2018 [Android: The 4th zero-day vulnerability patched in six months](https://blog.pradeo.com/android-the-4th-zero-day-vulnerability-patched-in-six-months-1) - 3 October, 2018 [Vibe Coding: when AI-generated code multiplies vulnerabilities](https://blog.pradeo.com/vibe-coding-when-ai-generated-code-multiplies-vulnerabilities) - 3 October, 2018 [2026 World Cup: Cyberattacks Target Fans' Mobile Devices](https://blog.pradeo.com/2026-world-cup-cyberattacks-target-fans-mobile-devices) - 3 October, 2018 ### Topics - [Mobile Security (56)](https://blog.pradeo.com/topic/mobile-security) - [Mobile Application Security (46)](https://blog.pradeo.com/topic/mobile-application-security) - [Expertise (31)](https://blog.pradeo.com/topic/expertise) - [Security Alert (30)](https://blog.pradeo.com/topic/security-alert) - [Cybersecurity (29)](https://blog.pradeo.com/topic/cybersecurity) - [News (27)](https://blog.pradeo.com/topic/news) - [Partners (24)](https://blog.pradeo.com/topic/partners) - [Corporate (12)](https://blog.pradeo.com/topic/corporate) - [Events (4)](https://blog.pradeo.com/topic/events) - [Actualité (2)](https://blog.pradeo.com/topic/actualité) - [predictions (2)](https://blog.pradeo.com/topic/predictions) - [cyberattack (1)](https://blog.pradeo.com/topic/cyberattack) see all [![New Call-to-action](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/2378615/ad3111b0-9454-41ff-91f4-9eee95b1f08f.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/2378615/ad3111b0-9454-41ff-91f4-9eee95b1f08f) ### Get in touch with mobile security experts [Contact us](https://www.pradeo.com/en-US/contact-us) [![](https://blog.pradeo.com/hs-fs/hubfs/pradeo_logo_white_square.png?width=90&height=74&name=pradeo_logo_white_square.png)](https://pradeo.com) European leader in mobile security, Pradeo protects business mobile devices and applications. 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All Right Reserved. - - - ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Roxane Suau" }, "dateModified" : "January 27, 2021, 2:18:07 PM", "datePublished" : "2018-10-03 13:30:19", "description" : "Mobile banking is a 24/7 remote service offered by banks and financial institutions to their clients. It is delivered through mobile applications and allows to monitor account balances, follow transactions, make fund transfers, etc. ", "headline" : "[White Paper] Mobile Banking: Regulations, Threats & Fraud Prevention", "image" : { "@type" : "ImageObject", "url" : "https://cdn2.hubspot.net/hubfs/2378615/dossier_bank.jpg" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://2378615.fs1.hubspotusercontent-eu1.net/hubfs/2378615/Logo%20Pradeo%20D%C3%A9grad%C3%A9%20Long%20Couleurs.svg" }, "name" : "Pradeo" } } ```