Mobile banking is growing out of its infancy and experts predict it will soon be the dominant banking and payments channel. With the vast array of endpoints being utilized, how are the threats of rogue mobile apps, mobile malware and SMiShing evolving? What are the risks inherent in mobile payments? This session reviews these emerging mobile malware threats, their impact on banking institutions and the latest technology solutions to help mitigate the risks.
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Mobile has become the new security battlefield in which hackers and businesses are waging the internet-old battle of breach vs. protection. From infiltrating jailbroken devices to decompiling and recompiling apps to tainting source code, hackers are continually finding new ways to prove the mobile app infrastructure vulnerable. This session reviews these emerging mobile malware threats, their impact on banking institutions and the latest technology solutions to help mitigate the risks.
Richard Rushing, CISO at Motorola Mobility will kick-off the presentation with a discussion on the types of mobile fraud impacting organizations today, including:
Toll fraud/SMS fraud
Ad fraud/Click fraud
Rouge mobile banking applications
Tom Karren, CEO and Co-Founder of Moki will round out the session by offering insight and advice on how to secure your mobile applications.
This session was recorded during the 2014 Fraud Summit Toronto. Additional recordings include:
As CEO and co-founder of Moki, an expert in mobile app security and operations management, Karren brings 15 years of technical and business leadership experience to the company. His technical vision and leadership have positioned Moki at the intersection of cloud and mobile computing, pushing large-scale cloud platforms in innovative directions. Karren, a serial entrepreneur, holds a bachelor's degree in computer science from Brigham Young University and is an associate founder and board member at the BYU Rollins Center for Entrepreneurship and Technology.
Rushing is the chief information security officer for Motorola Mobility. He participates in several corporate, community, private and government security councils and working groups, setting standards, policies and solutions to current and emerging security threats and issues. As CISO for Motorola Mobility, he has lead the security effort by developing an international team to tackle the emerging threats of mobile devices, targeted attacks and cybercrime. He has organized, developed and deployed practices, tools and techniques to protect the intellectual property across the world-wide enterprise. A much-in-demand international speaker on information security, Rushing has presented at many of the leading security conferences and seminars around the world.