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Verimatrix’s Triple-Threat Initiative Enhances Mobile App Security

by The Gurus
April 13, 2023
in Featured, Mobile Security, Press Releases
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Research estimates that the average smartphone user has 80 apps on their device, and many companies leverage their own app to communicate with customers. In light of this, it has become critical that due attention is given to maintaining the security of these mobile app ecosystems. Just this year, large mobile-app breaches made headlines through their new use of overlay attacks within mobile app attacks, leading users to believe they were interacting with legitimate apps when they’re really arming bad actors with sensitive information and even their personal banking details.

To support businesses with this latest challenge, Verimatrix have recently launched a new cybersecurity microsite (verimatrixcybersecurity.com), where CISOs, SOC teams, fraud departments and developers can find the latest information on mobile app security, including videos and whitepapers.

The launch will be accompanied with the establishment of a new VMX Labs. Led by Klaus Schenk, Verimatrix’s senior vice president of security and threat research, VMX Labs aims to provide ongoing cyber threat advisories, as well as insights and commentary from VMX Lab team members who investigate threat types and information helpful to application developers and even users.

What’s more, customers will benefit from an all-new design of its Extended Threat Defence (XTD) product. The revamped UX and design will allow customers to more easily prevent, detect, respond and predict threats to mobile applications and the devices that connect to the critical infrastructure. The company has expanded its detection capabilities to the network, in addition to the application and device data. New capabilities include the ability to access network risk per application to protect the connection to the company’s critical infrastructure.

Commenting on the announcement, Asaf Ashkenazi, CEO at Verimatrix shared, “I am excited to unveil a new UX for our cybersecurity product, Extended Threat Defence, along with new services from Verimatrix to help our customers secure their mobile app ecosystems, and rapidly detect and respond to threats – including zero day attacks. Today, most companies interact with their customers via mobile applications. If that app is compromised, the connection between the company and their customers is at risk. Verimatrix XTD protects the connection of businesses to their consumers — and there is nothing more important than that.”

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