Financial Industry Mobile Threats: How Banking Opportunity Meets Attack Liability

This Zimperium blog post outlines risks to mobile banking by summarizing real-world incidents — including a November 2016 Tesco Bank theft via a reverse-engineered mobile app, cardless ATM fraud, and a 2017 Chase app-related device compromise — and explains how app session data, credentials, and insecure Wi‑Fi can be exploited; it recommends deploying Mobile Threat Defense (zIPS), integrating with MDM/secure containers, and embedding in‑app protections (zIAP) to mitigate these threats.