GeneralFAU researchers hack banking apps
FAU IT specialists in demonstrate the structural problems inherent in single device-based authentication processes. IT specialists at Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) have demonstrated that 31 apps for mobile online banking are not secure, including those of the German banks Sparkasse, Volksbank, Raiffeisenbank and Commerzbank. The researchers managed to automate the deactivation of established security software, which […]FAU IT specialists in demonstrate the structural problems inherent in single device-based authentication processes. IT specialists at Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) have demonstrated that 31 apps for mobile online banking are not secure, including those of the German banks Sparkasse, Volksbank, Raiffeisenbank and Commerzbank. The researchers managed to automate the deactivation of established security software, which […]