World Overseas Exchange Financial institution Chooses Appdome to Secure its Fx Trading Application

SAN FRANCISCO, Dec. 9, 2020 /PRNewswire/ — Appdome, a no-code mobile security and solutions platform, nowadays announced that Grupo Financiero Monex, a world overseas trade financial institution with headquarters in Mexico Metropolis, is employing Appdome’s platform to secure its overseas trade (Fx) trading mobile application, Monex Móvil.

Looking at an growing risk to cell applications, and to cellular banking apps in specific, the Monex details security (infosec) crew, on the course of the CIO, made several proactive recommendations to reinforce the protection of the Monex Móvil application. Appdome and its Mexico Town-dependent husband or wife, Incident Response Group SA de CV Shield Power, labored with the Monex infosec staff for the duration of an in depth evidence of notion period. The Appdome Cellular Security Suite satisfied all Monex’ security necessities and passed a number of penetration assessments with flying shades.

Monex secured Monex Móvil with the all-in-1 Mobile Application Security Suite in just minutes with no coding demanded. The suite features:

ONEShield™ by Appdome: Protects against app tampering and debugging
TOTALCode™Obfuscation: Obfuscates the binary code to shield in opposition to reverse engineering
TOTALData™Encryption: Protects application information, strings and metadata with AES-256 encryption
Jailbreak/Root Avoidance: Stops rooting / jailbreak tries and stops the app from jogging on untrusted or banned gadgets
Gentleman-in-the-Middle Avoidance: Makes and validates the authenticity of trustworthy conversation sessions initiated by the application to avoid info leakage, male-in-the-center attacks and other breaches
Cellular Privacy: Gives information loss avoidance by including copy/paste safety, keylogger avoidance, disabling display screen sharing and other measures.

“Monex Grupo Financiero has constantly manufactured it a priority to supply the optimum degree of security to our purchasers in the money services and items we offer,” stated Luis De la Vega, CIO at Monex. “That is why we have resolved to partner with Appdome, so that we can make sure that all of our transactions fulfill the greatest expectations of high quality and protection demanded by the industry.”

“Mobile banking applications have the maximum have confidence in ranges between cellular apps, according to Appdome’s COVID-19 Cellular Customer Survey. But that have faith in can easily be broken if the app suffers a breach,” explained Tom Tovar, Co-creator and CEO at Appdome. “We’re seeing huge traction with international money providers businesses who, like Monex, are getting proactive motion to secure their cell apps and shield the people and company who depend on their apps. We are honored that Monex chose Appdome to protect its cell small business. They are just one of the lots of corporations in Mexico selecting Appdome to safe their apps and keep the trust they have developed with their customers.”

About Appdome

Appdome’s mission is to secure the cellular economic climate and the persons who use cellular applications in their lives and at work. Appdome’s market defining no-code cellular protection and options system makes use of a patented, synthetic-intelligence coding engineering to electrical power a self-provide, consumer-pleasant services that everyone can use to develop new cellular protection, cellular threat, cellular fraud and organization authentication, access, UEM/MDM/MAM and extra into any Android and iOS app immediately. There are around 25,000 unique combinations of cellular capabilities, kits, sellers, benchmarks, SDKs and APIs out there on Appdome. Over 200+ top economical, healthcare, government, and m-commerce companies use Appdome to constantly produce richer and safer cellular ordeals to hundreds of thousands of cellular conclusion buyers, getting rid of sophisticated growth and accelerating cell app lifecycles. For far more data, stop by www.appdome.com

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