Arxan Takes On Mobile App Security Challenges, Strategies and Solutions for Banking and Payment Apps at the FS-ISAC & BITS Annual Summit

BETHESDA, MD--(Marketwired - May 6, 2014) - Arxan Technologies, the industry-leading provider of software security solutions that protect the App Economy, announced today it will offer to all FS-ISAC & BITS members a complimentary, new iOS Mobile App Vulnerability Assessment that analyses the integrity of binary code. Arxan is also leading a panel at the FS-ISAC & BITS Annual Summit on mobile app risks and security strategies unique to the financial services sector.

The panel, titled "Mobile App Security for Financial Services - Challenges, Strategies and Solutions," will be held Wednesday, May 7, at Omni Amelia Island Plantation Resort from 2:15-3:15 pm. The FS-ISAC annual summit provides industry executives and practitioners with the latest information on cyber security-related threats, trends, and technology.

The financial services industry continues to align with consumer demands for rapid expansion of services through business to consumer (B2C) apps on the mobile platform. Secure app development presents a relatively new challenge. A first step advised by Forrester Research, Inc. is for companies to focus on initiatives that meet users' most pressing needs now. "Money movement features such as bill pay and account transfers are quickly becoming must-haves. This puts pressure on digital teams to offer both the 'basic' functionality, as well as valuable features like the ability to add a new payee from within the mobile space -- rather than forcing customers to go online first to set these up."¹

The sophistication and app functionally for mobile financial transactions quickly becomes 'table stakes', and financial services leaders are seeking guidance on top mobile application risks and mitigations at leading industry forums, such as FS-ISAC. 

This interactive panel at the Summit, featuring guest speakers Forrester Research senior analyst, Tyler Shields, Arxan's head of product management, Vince Arneja, and Aetna's CISO, Jim Routh, will provide financial and security executives with a 360-degree perspective on mobile application security demands and best practices. In addition to mobile device management (MDM) and traditional application security testing and scanning practices, the panel will explore the role of application hardening to provide an app with self-defense and tamper-resistance to combat reverse-engineering and tampering of code binaries launched by today's hackers on financial targets. 

In addition to the panel discussion, FS-ISAC members will receive a special offer to participate in a complimentary iOS Mobile App Vulnerability Assessment by Arxan's security experts. This time-limited program will provide a technical review of specific exposures to key threat vectors. The results of the binary code integrity analysis will be presented within 48 hours in a customized report. Interested members will be provided more details at the Arxan booth or can visit the registration page to submit their mobile app for analysis. 

For more information or to schedule a meeting at the Summit please email: info@arxan.com.

ABOUT ARXAN TECHNOLOGIES
Arxan protects the App Economy from attacks in distributed or untrusted environments with the world's strongest and most deployed application integrity protection products. Among today's diverse computing platforms, mobile and tablet apps and packaged or embedded software are all exposed to hacking attacks such as reverse-engineering, tampering, insertion of malware/exploits, repackaging, fraud, intellectual property theft, and piracy. Arxan's unique patented Guarding technology enables sensitive or high-value applications to proactively guard their own integrity by defending, detecting, alerting, and reacting to hacking attacks through a risk-based, customized protection. Arxan's self-defending and tamper-proof applications are deployed on more than 300 million devices by leading Fortune 500 organizations in high-tech, ISV, financial services, digital media, gaming, healthcare, and other industries. Arxan Technologies is headquartered in the United States with global offices in EMEA and APAC. Visit us at www.arxan.com.

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