From Checkmarx:
Mobile Security In Limbo With Coding Vulnerabilities Galore
It’s no secret is that the smartphone is the modern man’s best friend. Over 7 billion mobile devices are being used today all around the world and they are multiplying 5 times faster than human beings. With the astronomical amounts of private information being transferred worldwide, the need for strong mobile security has become paramount. Unfortunately, the news about new vulnerabilities and high-profile breaches are raining down on us.
More and more daily functions are being performed via smartphones and tablets, with the majority of them running on the Android and the iOS platforms. Just for example, PayPal mobile transactions crossed the 46 million US dollar mark in 2014. This has made cybercrime a lucrative industry, with hackers constantly seeking new ways to exploit application-layer vulnerabilities in mobile apps.
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