Massive bank app security holes: You might want to go back to that money under the mattress tactic
A new report from a well-regarded payments consulting firm has found a lengthy list of security insanity while examining several major fintech company mobile apps. Although the very nature of apps that manage and move money would suggest presumably strong security, banks and their cohorts tend to adopt new technology slower than almost any other vertical, which puts them in a bad place when it comes to security.
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