2014 saw mobile apps for health and finance soared in use. The Department of Homeland Security noted an increase in cyber security risks on these apps due to malware and virus issues. However, policymakers have not taken steps to protect users since it has not affected anyone past the computer program, yet.
Arxan, a security protection firm for computer and electronic devices, found that of the 126 most popular mobile health and finance apps, 90 percent had major security vulnerabilities and the consumers do not know about the gaps in protection.
Arxan’s fifth annual State of Application Security Report posted on its website has found the false perception of security of [...]