| Executives October 17, 2019
October 17, 2019
The mobile-first, cloud-first world has brought new conveniences to users, such as banking, health and retail apps. But, at the same time, it has introduced new risks, making mobile app security and compliance top priorities for CISOs. Bad actors now target mobile users through trojans that steal login credentials, download malicious software through phishing or by jailbreaking devices, leaving apps vulnerable to data compromise. In fact, 65% of all fraudulent transactions now take place on mobile.
Despite these vulnerabilities and risks, mobile app developers are not implementing robust security techniques to protect apps against external threats. In fact, they typically implement basic on-device IP protection (app shielding or in-app protection) techniques to prevent apps from being reverse engineered. These techniques are also referred to as ‘inside-out’ protection and do not fully protect users from the entire spectrum of mobile risk.
A comprehensive end-to-end solution is needed to protect sensitive customer data from being compromised. The solution must include continuous protection from threats, including malicious apps downloaded from phishing links, advanced non-persistent device attacks, screen overlays attacks, fake keyboards and network attacks. An end-to-end solution provides comprehensive visibility and advanced security to protect brands from mobile risks.
Lookout App Defense provides enterprises with proactive mobile app security by preventing data compromise of customer-facing mobile apps. Lookout detects mobile risks that can lead to account takeover and prevents malicious actors from accessing customer data and financial transactions via your mobile app. In addition, we are supplementing the security protections from Lookout Security Cloud through partnerships with market leading vendors to provide comprehensive end-to-end mobile app security for customers. The Lookout Mobile App Protection Solution includes:
Learn how Lookout App Defense provides comprehensive end-to-end mobile app security for customers.
Praveen Mamnani Head of Product, App Defense