LONDON (Reuters) - British researchers have discovered a flaw in smartphone banking applications, used by millions of customers worldwide, making their bank account data susceptible to hacking and hacking, the Telegraph newspaper reported.
The scientists analyzed the applications of some famous British banks and found them hackable from Internet hackers, especially if they use the same Wi-Fi network as hackers.
A team of scientists at the University of Birmingham said they had not yet figured out whether the breakthrough was caused by a defect in the modernization of the banking applications or in the electronic link network.
Clients are able to monitor hacking through hackers using the same Internet network, used by bank customers, where user data was stolen, including its name, password and secret code.
Another way to break through banking applications is to transfer data through two-way communication, known as a "ganus attack", during which user data is also controlled.
The interbank network, already online, is one of the weakest points where hackers can access the applications of many banks.
Hackers also use a "phishing" mechanism over regular and wireless Internet in public places, which are not highly secure.
This technology may allow attackers to view the user's screen and browse the application that is running, thus obtaining its banking data with ease.
Researchers are working with a number of British banks, in cooperation with the National Center for Electronic Security, to fix gaps in banking applications on smart phones and strengthen its security architecture.
Sky News
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