Mobile Banking App

H

hartz

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How does one verify the authenticity of a specific App?

ABSA recently (A week ago) released their app for Android and iPhone. The other banks have had apps in the various App-stores for some time.

Sooner or later someone will create an app that looks like a real bank's app, wich will prompt the user for banking login details and will forward this to scammers/fraudsters.

Do you always read the name of the plublisher of every app that you install? Do you trust/assume that [Google|Apple|RIM|etc] only allows {insert bank name here} to register an account called {insert same bank here} ?

Here's to security!
 
Only download these type of things from the app store for starters. Always check the publisher (as you said), as well as the amount of downloads and user reviews.
 
My issue is that I could call myself "ABSA" and register an account on Google Play, then publish an application with the name "ABSA Banking App". If I were a fraudster I could have this application do anything I want to, including collecting login details and sending those to back to myself.

The risk is still there, even though the presumably legitimate user is there. If I find that the login name "ABSA" is already taken, I could create something that sounds similar and credible, lets say "ABSA_banking". I could then to make it appear more legitimate, register a web site called absa-banking.co.za and have my email address be "[email protected]" Next I would create a project on freelancer.com to get 1 million Indian users to download and test and write reviews for the application.

My issue is that there is realy no security here!
 
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