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Daily Dashboard | Report: US banking apps have security, privacy issues Related reading: OneTrust named fastest growing company in America by Inc.




Security firm Zimperium says most of the top banking apps have security flaws that put user data at risk, TechCrunch reports. Researchers found most banking apps do not follow best coding practices and use outdated open-source code, while some share customer data with advertisers. Both iOS and Android banking apps are affected, with the worst iOS app scoring 86 out of 100 on the risk scale for privacy issues; Android app scores for the same banking app were higher. Several iOS and Android banking apps allow the user to take screenshots of the display, which increases the likelihood of data leaking. Android apps have also been targeted by various malware campaigns, according to the researchers.
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