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The State of Mobile Security in Financial Services

The "Mobile Security in the Financial Services" report tries to understand financial services organizations’ exposure to cyberthreats.

Cybersecurity threats. Cybersecurity threats. (Source: Shutterstock)

Finservs experience a higher volume of phishing and an elevated risk of man-in-the-middle attacks than their peers, but appear to thwart cryptojacking by using devices more responsibly than other industries.

Those are findings from San Francisco-based mobile security company Wandera’s new report, “Mobile Security in the Financial Services.” To understand this sector’s exposure to cyberthreats, Wandera analyzed six months of security data from 225 of its financial services customers that, collectively, have 50,000 devices under management. There were 4.7 million events across these devices, averaging around 21,000 events per customer, on mobile alone.

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Roy Urrico

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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