viaForensics discusses mobile financial app security

Andrew Hoog of viaForensics appeared on the WGN Evening News to discuss recent the discoveries of security flaws within mobile apps provided by major financial institutions.

Chicago, November 5, 2010 – After the Wall Street Journal reported on the financial mobile app security flaws uncovered by viaForensics, CIO Andrew Hoog was asked to discuss the topic on the WGN Evening News. The clip aired at 5:00 p.m. CT, Friday, November 5th. Hoog discussed viaForensics’ recent findings, including flaws in apps produced by Bank of America, Chase, PayPal, TD Ameritrade, USAA and Wells Fargo, as well as how viaForensics was able to work with these institutions to fix the flaws.

The development of viaForensics’ new free public service, appWatchdog, came about after viaForensics began to note new and increasing numbers of flaws in mobile device applications during the course of investigations. viaForensics initially tested seven financial applications for both iPhone and Android. Only Vanguard passed with flying colors. These findings are posted on viaForensics’ website. Users can submit requests for specific apps to be tested and additional findings will be posted as they become available.

Additionally, developers can take advantage of viaForensics’ unique testing techniques through the appSecure service. By performing this high level testing, developers are providing an additional level of assurance to their users, thereby building user confidence that the applications produced by the developer are secure.