Tag Archive for: Intertrust

Intertrust Adds Security for IoT Devices in Zero-Trust Architectures to Intertrust Platform

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SAN FRANCISCO, April 7, 2022 /PRNewswire/ — Intertrust, a leading provider in trusted distributed computing, today announced the company is extending its flagship Intertrust Platform™ with the addition of advanced, scalable authentication capabilities to protect and manage IoT devices and data in zero trust environments.

Announced in 2020, Intertrust Platform provides enterprises with secure interoperability that allows diverse data management systems to interoperate as one. With Intertrust Platform, enterprises are able to leverage diverse data management systems from leading data platforms, cloud service providers, and other vendors to choose best of breed technology. This helps avoid vendor lock-in and provides scalability when dealing with competitors and partners in complex legal and security environments. Apps such as AI that run on top of Intertrust Platform also benefit from secure access to governed data.

Intertrust’s new edge-to-cloud capabilities allow enterprises to connect IoT devices securely to their cloud services using highly scalable secure device authentication architecture with application protection technology that shields devices running at the endpoint from malicious attack. These devices relay trusted data to Intertrust Platform’s data operations layer, even if the data travels through untrusted networks. Control software then processes and sends authorization signals to these devices in a trusted fashion. Intertrust Platform provides an additional “single pane of glass” device management capability that allows enterprises to choose devices from multiple vendors that run with consistent and reliable security.

“Intertrust Platform enables enterprise customers to run interoperable services and devices in the face of growing threats and complex regulatory frameworks,” said Talal G. Shamoon, CEO, Intertrust. “With the addition of edge-to-cloud security for IoT devices in zero trust networks to Intertrust Platform, customers now have a comprehensive, secure and scalable platform that interoperates with best of breed data services, AI, and IoT devices in one consistent data operations and device management system,” added Shamoon.

Intertrust’s technologies…

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Intertrust Releases 2021 Report on Mobile Finance App Security | Business

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SAN FRANCISCO–(BUSINESS WIRE)–Jun 2, 2021–

Intertrust, the pioneer in digital rights management (DRM) technology and leading provider of application security solutions, today released its 2021 State of Mobile Finance App Security Report. The report reveals that 77% of financial apps have at least one serious vulnerability that could lead to a data breach.

This report comes at a time where finance mobile app usage has rapidly accelerated, with the number of user sessions in finance apps increasing by up to 49% over the first half of 2020. Over the same period, cyberattacks against financial institutions rose by 118%, according to VMware.

The study’s overall findings suggest that while the COVID-19 pandemic accelerated the world’s shift to digital financial channels and innovative technologies like mobile contactless payments, mobile financial application security is not keeping up.

Cryptographic issues pose one of the most pervasive and serious threats, with 88% of analyzed apps failing one or more cryptographic tests. This means the encryption used in these financial apps can be easily broken by cybercriminals, potentially exposing confidential payment and customer data and putting the application code at risk for analysis and tampering.

Other main findings include:

  • One or more security flaws were found in every app tested
  • 84% of Android apps and 70% of iOS apps have at least one critical or high severity vulnerability
  • 81% of finance apps leak data
  • 49% of payment apps are vulnerable to encryption key extraction
  • Banking apps contain more vulnerabilities than any other type of finance app
  • Nearly three-quarters of high severity threats could have been mitigated using application protection technologies such as code obfuscation, tampering detection, and white-box cryptography

The report analyzed over 150 mobile finance applications split evenly between iOS and Android and delivers insights from four major financial sectors: payments, banking, investment/trading, and lending. The apps investigated originated in the U.S., UK, EU, Southeast Asia, and India. They were analyzed using an array of static application security testing (SAST) and dynamic…

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Intertrust Releases 2021 Report on Mobile Finance App Security

/in


SAN FRANCISCO–(BUSINESS WIRE)–Intertrust, the pioneer in digital rights management (DRM) technology and leading provider of application security solutions, today released its 2021 State of Mobile Finance App Security Report. The report reveals that 77% of financial apps have at least one serious vulnerability that could lead to a data breach.

This report comes at a time where finance mobile app usage has rapidly accelerated, with the number of user sessions in finance apps increasing by up to 49% over the first half of 2020. Over the same period, cyberattacks against financial institutions rose by 118%, according to VMware.

The study’s overall findings suggest that while the COVID-19 pandemic accelerated the world’s shift to digital financial channels and innovative technologies like mobile contactless payments, mobile financial application security is not keeping up.

Cryptographic issues pose one of the most pervasive and serious threats, with 88% of analyzed apps failing one or more cryptographic tests. This means the encryption used in these financial apps can be easily broken by cybercriminals, potentially exposing confidential payment and customer data and putting the application code at risk for analysis and tampering.

Other main findings include:

  • One or more security flaws were found in every app tested
  • 84% of Android apps and 70% of iOS apps have at least one critical or high severity vulnerability
  • 81% of finance apps leak data
  • 49% of payment apps are vulnerable to encryption key extraction
  • Banking apps contain more vulnerabilities than any other type of finance app
  • Nearly three-quarters of high severity threats could have been mitigated using application protection technologies such as code obfuscation, tampering detection, and white-box cryptography

The report analyzed over 150 mobile finance applications split evenly between iOS and Android and delivers insights from four major financial sectors: payments, banking, investment/trading, and lending. The apps investigated originated in the U.S., UK, EU, Southeast Asia, and India. They were analyzed using an array of static application security testing (SAST) and dynamic application…

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Intertrust Releases 2020 Security Report on Global mHealth App Threats – Security Boulevard

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Intertrust Releases 2020 Security Report on Global mHealth App Threats  Security Boulevard
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