Mobile App Security
Why Mobile App Security?
A mobile app has a good bit of plumbing to make it work: there’s the software code itself, the business logic on the back-end network and the client side, databases, APIs funneling data between the two, the device and its operating system, and the user. Each plays an important role in the fabric of the app’s security. For companies with mobile apps in a crowded, competitive market, having robust security could be a big differentiator.
As BYOD (Bring Your Own Device), IoT (Internet of Things), M-Commerce and Mobile Banking being in trend, the mobile apps become an easy target for attackers, as these applications are developed faster than ever before and security is not the priority of developers.
Internet banking has existed for close to 15 years. However, with the recent boom in the smartphone market, mobile banking has turned from convenience to a vital tool.
- The latest report shows that over 3000 Android and iOS mobile apps leak private user data including sensitive user information as well as business data from over 23,000 unsecured firebase databases.
- According to the report, 27,227 Android apps and 1,275 iOS apps store app data in Firebase’s database systems. 3,046 of these apps have data saved in unsecured databases that can be accessed by anyone.
- Of these, 2,446 are Android apps and 600 are iOS applications.
- On further analysis, this leaked data included over 2.6 million usernames and passwords in plain text, over 25 million GPS locations, over 50,000 financial transaction records, and more than 4.5 million user tokens for popular social media platforms.
- Over 40% of the apps in the report are business apps thereby increasing this risk manifolds.
- Additionally, over 4.5 million Public Health Information records are also publicly accessible.
- One of the obvious damages of apps that leak private information is the direct impact on the privacy of individuals whose data is compromised.
- As millions of such data points add up, the impact soon starts multiplying and can affect enterprises as many of these individuals will also be working at enterprises that are increasingly adopting a BYOD (Bring Your Own Device) model.
- When internal company data gets leaked, organizations lose not only intellectual property but also take a huge hit to their reputation, brand, and viability.
- Bad publicity, increased threat of fraud, theft of intellectual property, and loss of corporate and personal data are all detrimental to any organization. Be careful of all the apps that are in your enterprise network and make sure the entire organization is aware and proactive.