App Threat Report: The State of Payment Apps’ Malware Defense

Welcome to our Q3, 2023 App Threat Report, Promon’s quarterly analysis of current topics in mobile application security produced by our Security Research Team.

In our Q3 report, our team used the screen reader previously used against the world’s most-used financial services apps. This screen reader exfiltrates data like real-world malware. We used this tool to see if we could extract sensitive information from 73 of the world’s most-used payment apps to assess their security level and understand how they tackle a common malware-style exfiltration attack.

Promon App Threat Report the State of Payment Apps Malware Defense

Mobile payment apps have emerged as an essential tool for seamless financial transactions. From splitting dinner bills to sending money across borders, these applications have revolutionized how we manage our finances.

Download the report to learn about:

Android Accessibility tools, and how malicious screen readers exploit them to access sensitive information, bypass securtiy features, and control the device
The results from our real-world testing of how 100 of the leading Android payment apps fare against screen reader attacks
Don’t miss our Security team’s recommendations to stay one step ahead of cyber threats