SOURCE: Arxan

Arxan

March 19, 2013 13:17 ET

Arxan to Address Top Mobile Application Security Threats Targeting Financial Services at FS-ISAC Minneapolis Workshop and CISO Executive Summit

Co-Hosted by Wells Fargo, the One-Day Summit Is Designed for Cyber-Incident Response Executives, CISO, and Risk/Threat Management Executives in the Financial Services Industry

BETHESDA, MD--(Marketwire - Mar 19, 2013) - Arxan Technologies, the leading provider of software security solutions that protects the global App Economy, announced today it will present at the FS-ISAC Minneapolis Workshop and CISO Executive Summit on key mobile application security threats in the banking/financial services market and best practices to defend apps against malware, reverse-engineering, and other malicious attacks.

The workshop and summit will be held March 20 at the The Depot Renaissance Minneapolis Hotel from 8 a.m. to 6:30 p.m. The Financial Services-Information Sharing and Analysis Center (FS-ISAC) is the only industry forum for collaboration on critical security threats facing the financial services sector.

Vince Arneja, vice president of product management, Arxan, will provide an overview of the mobile threat landscape affecting the mobile banking market as leading financial institutions look to capitalize on the emerging App Economy by deploying new mobile services/features to their customers. Arneja will also participate in a panel session later in the day on the topic of security threats.

According to Javelin Strategy & Research, "financial institutions offering mobile banking for businesses increased dramatically from 24 percent in 2011 to 64 percent in 2012."

As the financial industry continues its expansion into mobile financial services, such as peer-to-peer banking transactions, remote wallet/credit card payments or internal mobile apps, the underlying software is subject to a new array of threats that compromise the application's overall integrity, regardless of operating system. 

As part of a multi-OS defense strategy, financial services are evolving their mobile security framework by incorporating self-defense and tamper-resistance security mechanisms to protect against reverse-engineering and tampering attacks. Without this application integrity protection layer, hackers can easily remove or modify the critical security and business logic within the app that safeguards the company's digital assets and can result in fraud, malware or compromise data integrity. 

Arxan's award-winning Mobile Application Integrity for Finance and Banking protects financial services with best-of-breed application hardening and tamper-resistance technology against the new generation of attacks. Its multi-layered and multi-platform guarding protection consists of a variety of security technologies, providing self-defense and tamper-resistance from various app integrity risks that threaten brand and financial loss. Arxan's strength of security and ease of use ensure mobile financial apps are deployed with durability and resiliency for optimal performance in the field.

ABOUT ARXAN TECHNOLOGIES

Arxan protects the App Economy from attacks in distributed or untrusted environments with the world's strongest and most deployed application integrity protection products. Among today's diverse computing platforms, mobile and tablet apps and packaged or embedded software are all exposed to hacking attacks such as reverse-engineering, tampering, insertion of malware/exploits, repackaging, fraud, intellectual property theft, and piracy. Arxan's unique patented Guarding technology enables sensitive or high-value applications to proactively guard their own integrity by defending, detecting, alerting, and reacting to hacking attacks through a risk-based, customized protection. Arxan's self-defending and tamper-proof applications are deployed on more than 200 million devices by leading Fortune 500 organizations in high-tech, ISV, financial services, digital media, gaming, healthcare, and other industries. Arxan Technologies is headquartered in the United States with global offices in EMEA and APAC. Visit us at www.arxan.com. Follow us @Arxan or http://www.linkedin.com/company/arxan-technologies

Arxan: Protecting the App Economy™. Share your thoughts on application protection using hashtag #protectyourapps

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