How safe is your app? And how do you feel about the security of the apps you install? Is everything being done by companies to protect you? Arxan recently did a 5th annual State of Application Security report, which takes an in-depth look into the security of some of the most popular mobile health and mobile finance applications available.
Thy’ve found a huge discrepancy between consumers’ beliefs regarding the level of security built into these apps, and the degree to which developers of these apps actually address known application vulnerabilities. For example, 83% of the app users we surveyed feel their applications are adequately secure. Yet, 90% of the applications tested were vulnerable to at least 2 of the OWASP Mobile Top 10 Risks.