Highlights –
- The solution supports AES 256 encryption, which is the strongest encryption standard across the world.
- The Data Encryption solution will help companies from the fintech, banking, and gaming industries meet their data security and protection needs in minutes, without any coding.
- With the new feature, organisations can take better control of their data proactively.
A pioneer in mobile application security, AppSealing has introduced a new feature for its security services. It has come up with a data security solution for Android applications. With the new feature, the platform can be used by organizations to protect sensitive data like unique identifiers, passwords, and authentication tokens from unauthorized access and modification.
The addition of this feature adds another feather to AppSealing’s cap as it is in line with its commitment to enable companies to counter cyber attackers and prevent illegal application access, theft, deletion, or modification. With the new feature, organisations can take better control of their data proactively.
The solution supports AES (Advanced Encryption Standard) 256 encryption, which is the strongest encryption standard across the world. The new feature will also provide top-notch encryption architectures. It comes with different industry security standards like GDPR (General Data Protection Regulation), PCI DSS (Payment Card Industry Data Security Standard), and HIPAA (Health Insurance Portability and Accountability Act). Companies can be compliance-ready without any coding or SDK (Software Development Kit) integration.
The key features of the data encryption solution include:
- Whitebox AES 256 and amp; FIPS (Federal Information Processing Standard) 140-2 encryption authenticity for Android mobile devices, software, and operating systems.
● Runtime protection covering encryption keys, API (Application Program Interface) keys, authentication tokens, etc.
● End-to-end support system imbibing legacy native file input/output interface.
In sum, AppSealing’s data encryption solution is a win-win as it can help companies protect sensitive data when it comes to Android applications. As the solution follows robust encryption standards, it guarantees 100% coverage from upcoming attacks while providing a complete safety net for mobile applications.
Expert’s view
James Ahn, CEO and Founder at INKA ENTWORKS, explains the relevance of data encryption for Fintech companies: “Fintech industry is booming. The global fintech market, which was worth $128Bn in 2018, is expected to touch a figure of $310Bn in 2022. We have been collaborating with our clients to secure their mobile applications. Our latest offering of end-to-end data encryption further strengthens our mobile application security portfolio and leadership position in the market. We are pleased to make fintech, payments, banking, and gaming apps a lot more secure. We are excited to partner with our customers and help them be compliant, protect sensitive data, take relevant actions against hackers, and build their business and reputation confidently.”
“Digital banking enables companies to provide fintech and banking services at the touch of a button. It is a great way for companies to serve their customers, but it also means opening Pandora’s box since attackers are lurking around. Data localization restrictions also put an additional responsibility. With data encryption, we aim to help Fintech companies focus on customer experience, compliance with localization policies, and revenue generation within the safe walls of security,” said Govindraj Basatwar, Global Business Development, and Sales Head at INKA ENTWORKS.