Facts You Need To Know For Security of Your Mobile Apps
With every passing year, the usage of mobile apps is increasing rapidly. There are now more internet-connected mobile devices than humans in the world, and mobile apps account for 88% of internet usage in the us alone!
Mobile Application Security - The Need of the Time
To make it as simple as possible, most people use their mobile phones to pay for coffee at Starbucks, or play the latest game while traveling, or even when transacting online on their mobile banking app. Not even thinking about app security.
Here are some figures:
- 100% of the best 100 paid applications in the Google Play Store have been hacked up until this point.
- 56% of the Top 100 Paid Apps in the Apple App Store Have Been Hacked
- The volume of malignant versatile malware contaminations increments by an astounding 163% year over year
These numbers are even more alarming when you consider that most organizations today follow a BYOD (bring your own device) policy that allows their employees to mix professional and personal interests in a single mobile device. 84% of consumers in the United States use the same device for both their work and personal work, reducing the ability of a company's IT department to confidently secure access to confidential enterprise data.
- Hacked and cracked mobile apps create possibilities for -
- huge loss of revenue
- Unauthorized
- Access to Critical Enterprise and User Data
- Intellectual Property Theft
- Fraud Cases
- Brand Damage
All in all, as an application engineer, the greatest inquiry you need to reply prior to choosing to distribute your application is - How would I shield my application from any malevolent plan?".
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