Thursday 11 April 2019

Fintech fiddles as home burns: 97% of apps lack basic security

Nero ignores conflagration

This is not fine. A white-hat researcher examined 30 financial apps, looking for information security issues—worryingly, all but one of them were insecure.

The failures were mind-numbingly familiar, and dead easy to find. It’s as if the industry has learned nothing and is walking around with a sign on its back, saying, “Rob me.”

Have we learned nothing? In this week’s Security Blogwatch, we’re full of despair.

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