Financial services customers are no longer willing to wait in line. Whether they are looking up transactions, transferring funds or scanning and writing electronic checks, they expect services to be delivered on their smartphones and devices at almost instantaneous speeds. They also expect data and transactions to be completely private and secure, as assured by regulations such as GLBA in the US and other international laws.

But because there is little protection on mobile devices, attackers are targeting mobile devices to commit fraud. According to LexisNexis’ 2022 True Cost of Fraud Study, in the US, mobile fraud accounted for 32% and 37% of all fraud, respectively, an increase of 5% and 12%.

Zimperium offers financial services firms and their customers the most complete Mobile Threat Defense solution for automatically detecting, reporting and remediating today’s — and tomorrow’s — advanced mobile threats.

Detection and prevention: Zimperium Mobile Threat Defense (MTD) – formerly known as zIPS – provides continuous self-service mobile threat detection and defense for Android, iOS, and Chromebook devices against network-based (or MITM) attacks, rogue application installs, phishing, and OS vulnerabilities. Our detection engine automatically detects and remediates issues on-device rather than requiring an Internet connection, admin privileges or tunneling to a cloud service. This approach keeps private user account data secure on the device without impacting performance.

Embedded Runtime App Self-Protection (RASP): Embed cyber security into your banking apps with Zimperium’s zDefend solution. This innovative SDK is completely configurable by developers to detect and remediate threats to a device, including detection of suspicious user behaviors, network attacks and interference from other apps.