Banking apps are vulnerable
Commenting on the partnership, Conor McAleavey, Head of Innovation and Strategic Partnerships at LEVERIS, said: “Many banking apps are built with lots of vulnerabilities. That’s become ever more prevalent in recent times as banks rush to add the latest features to their apps.
“At LEVERIS, while we strive to provide exceptional user experience through our app, we don’t compromise on security. For that reason, we’re delighted to be partnering with Promon, using its technology to provide security against a wide range of cyberattacks such as debugging, code modification and data theft.”
Security and usability should go hand-in-hand
Tom Lysemose, CTO at Promon, added: “We’re delighted to be partnering with such an innovative company as LEVERIS. There’s been a surge in cyberattacks against banking and payment apps in recent years, and a stronger focus on security is required. But we shouldn’t compromise on UX, and LEVERIS share our belief that security and usability should go hand in hand.”
LEVERIS has chosen Promon SHIELD™ for comprehensive in-app protection, a security solution implemented within the app to make the app more resistant. Promon SHIELD™ protects digital banking apps against a wide range of attack vectors, including malware, fraudulent transactions, reverse engineering, credential harvesting and OS vulnerabilities exploits. By adding Promon SHIELD™ to its security toolbox, the LEVERIS Digital Bank app is protected against a rapidly evolving cyber threat landscape.
“As we further develop the LEVERIS Digital Bank app, we will work closely with Promon to ensure security is taken care of. Our experience of the company as an integration partner has been excellent, and we look forward to our continued work together,” McAleavey said.