Mobile banking continues to evolve at a staggering rate. However, with mobile operating systems and their varying support of security best practices, multiple new threat vectors are being introduced, and many are already being widely utilized for malicious purposes.
There are now more than 10 million rogue mobile apps in circulation, with hidden malicious features such as those for monitoring and capturing user activity or bypassing mobile banking authentication mechanisms. To fight new threats, practitioners are putting their best foot forward in enhancing authentication and using a risk analysis engine that analyzes behaviors to help prevent fraud.
The session details:
- New threat vectors being introduced and how to prepare for them;
- Enhanced authentication standards to fight threats;
- Components of a risk analysis engine.