kakaobank implements whiteCryption solution to protect mobile banking apps

Wednesday 25 October 2017 11:31 CET | News

kakaobank, a Korea-based internet bank, has selected whiteCryption, a provider of application shielding solutions, to protect its internet banking mobile apps on Android.

One of the major shareholders of kakaobank is Kakao Corporation, a Korea-basedmobile messaging app provider with over 42 million users. With internet banking traffic flowing through its apps, kakaobank decided to use an app protection technology available to protect the software from hacking. kakaobank will use whiteCryption’s Secure Key Box product to protect cryptographic keys and keep personal data secure and private.

whiteCryption’s application shielding solutions are also used to protect software in cars, medical instruments and consumer apps. The products can protect any software system running in a hostile environment and is especially developed for mobile and IoT devices.

This announcement was made from Money20/20 in Las Vegas, where The Paypers is an official media partner. Follow us on Twitter, LinkedIn and Facebook to stay updated with the latest announcement brought live to you from the event.

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Keywords: kakaobank, whiteCryption, mobile banking, security, data protection, internet banking, Money 2020, Korea
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: World
This article is part of category

Securing Transactions