App security has become one of the most modern components of the daily life of human beings. The increased usage of mobile devices has brought several kinds of technological developments in the human life and in this way the entire tasks which were earlier performed by laptops and computers are now being undertaken by the mobile phones. On average a person daily spends more than 60% of their time on mobile devices. A lot of users have engaged themselves in the several kinds of activities on the mobile phones which further help the business houses to make highly informed decisions regarding their service providing concept to the customers. But on the other hand, this particular information can sometimes go into the wrong hands and can lead to several kinds of adverse consequences for the business as well as for the customers. So, the mobile application security concept is very much important.
This concept can be termed as the best possible way of securing the applications and making sure that there is no external threat in them. These kinds of concepts are very much important because of the increased number of roads done by hackers nowadays.
Any of the week application can be very much exposed to several kinds of threats and some of them are mentioned as follows:
The miss-use of consumer information: In some of the cases the hackers can gain the control of the consumer information very easily and through this, they can send requests to several people and can also go with the option of misusing the IP address of the company. Ultimately getting access to several kinds of personal information of the people can lead to unwanted circumstances and consequences for the companies and customers. These kinds of devices are very easily used if they go in wrong hands and the excess of the hacker can also lead to several kinds of issues associated with the servers.
The miss-use of financial information: Another threat associated with the missing usage of applications of the mobile devices is the miss-use of financial information because hackers can gain debit card as well as credit card information of the users. They will also have complete access to the text messaging feature of the phone so that they can use the OTP as well. Hence, these kinds of issues can lead to various further adverse situations for the user as well as companies.
Some of the thefts can be related to intellectual property: Nowadays hackers can also go with the option of creating the clones of the intellectual property whenever they have access to the mobile devices of the users. In this way application clones can also be created which will not help in solving the purpose. The actual image of the application in the minds of consumers will be fully tarnished because they will believe that company is doing all these things but there will be someone else at the back end that is performing all these unethical activities.
Companies can face a lot of loss because of this: Whenever the hackers gain access to the premium features of several kinds of applications there will be a huge loss of revenue for the application owners. Whenever the hackers will gain access to the premium features without any kind of charges it will lead to great revenue loss to the company and ultimately die fraud will become very huge and these kinds of practices are very much common in the IT field.
It can directly shake the investors’ confidence: One of the greatest threats associated with the application security is the checking of confidence of the customers and other stakeholders on the company. Whenever the information will be miss used the most loyal customers will always have trust issues associated with the brands and customers. So, one must make sure to go with the proper adoption of mobile application security so that everything is perfectly implemented.
Some of the best practices must be implemented by the organizations to make sure that their applications are very much safe as well as secure. Some of such practices are mentioned as follows:
The organizations must indulge in enhancing the security of data with the help of data policies and guidelines so that hackers can be easily caught in cases of adverse situations. Proper frameworks and rules should be developed and firewalls should be installed so that unauthorized access can be avoided.
The individuals must take care of never saving the passwords on the applications because these kinds of issues can lead to a great problem is if the mobile is lost. Hence, it is advised for the people to never save the passwords in the application rather they can go with the option of saving the passwords on the application servers so that they can change them whenever required in all the adverse cases of mobile theft.
The users should also go with the option of enforcing logout session because many of the users forget to log out the application and this concept is very much prevalent in the cases of banking applications. Hence, it is very much important for the individuals to go with the option of paying proper attention to the whole thing so that there is no adverse effect in the practices and image of the company is very well saved.
There should be proper consultancy related things associated with experts so that people can have a different perspective of thinking in comparison to the application developers. This practice is very well realized by the application developers nowadays because they can get the things checked by the external team who will provide a free consultation regarding the loopholes as well as changes associated with the frauds. Hence, these kinds of things are considered to be the best possible way of becoming aware of application security.
Hence, the time has come for the organizations to be highly aware all the time so that the best possible decisions are made in the best interest of the organizations and stakeholders.