Software and mobile app developers often rely on copying or modifying pre-existing code snippets to save time and effort. However, this makes mobile apps and other software vulnerable to hacking and other forms of cyber attacks. In 2021 ParkMobile, a contactless payment parking app, suffered a massive data breach in which personal records of 21 million customers were stolen, including email addresses, phone numbers, license plate numbers, and passwords.
Data breaches resulting from cyber-attacks can severely hamper software and app companies and cease growth for a long time. The most common effects of cyberattacks for the industry are:
The most common security issues for software in general, and mobile apps in particular are:
Additionally, compliance is also an important consideration for software manufacturers. Depending on the industry that the app serves, there might be a need to comply with various data security standards and protocols including GDPR in Europe, CCPA and HIPAA in the US to name a few. A robust digital security plan that takes into consideration both compliance and data security protocols is the need of the hour across industries.
Apart from security protocols like SSL and standard encryption standards, more and more software and app companies are adopting cryptography to ensure secure access and a higher degree of data encryption to secure their and their customers' private data.
As the leader in strong cryptographic technology, Cryptomathic provides the Software and App Development sector with best-in-class security solutions for mobile app protection, crypto-agility, key management and qualified electronic signing. Our adaptive solutions give you maximum usability without compromising on data protection.
Cryptomathic’s solutions are aimed at addressing requirements for:
"With Cryptomathic’s issuing and authentication solution, Elan is now providing an integrated solution that delivers the end-to-end EMV environment, from card issuance to payment authorization. This is a great benefit for Elan and our clients - improving efficiency and security while achieving compliance."
"Previously, our clients had to print, sign and send documents manually for compliance reasons. Now they can do it in a smart, easy and time-saving way. Thanks to the Cryptomathic Signer solution they can sign their contracts digitally in e-Banking – while meeting all legal and compliance requirements."
“CSG has enabled us to accelerate the delivery of crypto applications while generating financial and effort savings.”
“Cryptomathic’s solution has enabled Swedbank to meet its compliance requirements and significantly reduce the cost of key management to security operations.”
“Initially selected as a technology supplier, Cryptomathic is now a key partner for the ongoing development and expansion of our strong authentication and digital signature service portfolio. Cryptomathic has been more than capable of understanding our market requirements and together, we are now taking the additional step of launching an innovative offering in mobile security”
“We are delighted with the service provided by Cryptomathic in delivering a robust, flexible and future proof authentication solution for the Open24 channels. We got exactly what was promised on day 1 and customer feedback has been good.”
“We chose to partner with Cryptomathic for its market-leading position and unrivalled experience in this field. The CardInk solution offers First Data and our clients the security, flexibility and scalability required in today's rapidly evolving payments market.”
“Cryptomathic CardInk has been chosen as the only external element to the MasterCard Mobile Over-the-Air Provisioning Service, as it provides MasterCard with an industry-leading data generation solution, which is highly secure, efficient and scalable to future programme requirements.”
At the leading edge of security provision within its key markets, Cryptomathic closely supports its global customer base with many multinationals as longstanding clients.
Are banking and payment apps adequately secure against known and unknown attacks? Understand the threat landscape and how MASC's evolutionary security strategy can overcome such threats and provide
360º protections against attacks.
This white paper provides a business-focused look at the challenges of managing cryptography in the financial sector and the benefits available from a centrally managed, agile cryptographic platform.
What are the important attributes to consider when evaluating a key management system? This paper describes a variety of systems that exist in the market and provides guidance to narrow down the field to best meet your requirements.
Lack of overview or trouble
understanding EMV key management?
EMV as seen from a crypto angle for all involved parties in acquiring and issuing.
Want to learn more about digital signatures? This book guides you through the new business environment and its implications. It outlines the regulatory standards and demystifies the relevant technologies for deploying and managing digital signatures.
What is the most secure and user-friendly digital signing experience? Explore the key business advantages and the security requirements for remote e-signatures in accordance with eIDAS.
Need to explore the complex world of crypto key management? Understand major aspects, including regulatory authorities, compliance schemes, audits, best practices and more.
Which digital signature technology is most applicable for large organizations? Compare the security, usability and costs of different signature generation technologies.