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Secure Mobile Banking: Build38 present at the Nordic IT Security Summit

Secure Mobile Banking: Build38 present at the Nordic IT Security Summit

Cybersecurity event for the financial sector

Cyberattacks are occurring more and more frequently around the world. Especially banks and financial institutions are very much affected. To support the financial sector on cybersecurity, the Financial Institutions Edition of the annual Nordic IT Security (NITS) Summit has been launched. This will provide a platform for the fintech, e-commerce and mobile banking industries, offering an optimal opportunity for networking and mutual exchange. The event will take place on April 15 and 16, 2021. In total, many industry leaders will participate in the Summit, outlining their visions and sharing valuable business insights. It will also be possible to browse virtual exhibitions, in which the latest technologies are presented. Build38, an expert in mobile banking app security, is also part of the digital event.

Especially due to the Corona situation, mobile payment is used even more frequently by customers. At the same time, it has also brought it increasingly into the focus of cybercriminals, who hack banking apps to gain access to customers' personal payment data. However, this risk can be eliminated with the early integration of a multi-layered security framework that includes all necessary security functions. Build38 has developed such a framework, which prevents known and unknown attacks at all times and thus optimally secures banking apps. In line with the Shift Left Security approach, the Software Development Kit (SDK) can be integrated in a very short time during the early development phase. This ensures security from the outset. During the event, attendees will be able to learn in-depth about Build38's Trusted Application Kit (T.A.K).

Further information about the event can be found here: https://nordicitsecurity.com/.

 

 

 

 

 


Build38 wins the PwC Award for the “Best Cybersecurity Solution of the Year 2020"

T.A.K Client prevails against 25 cybersecurity solutions

Munich, November 5th – Build38 wins the PwC-Award for the best cybersecurity solution of the year. As part of the digital event, the German provider was able to prevail against 25 international security start-ups with its Mobile App and Fraud Protection solution T.A.K Client.

This year's PwC Luxembourg Cybersecurity DayS (October 26-29, 2020), which was attended by experts from all over Europe, focused on the topics IT security and digital trust. The main focus was on the importance of cybersecurity as an integral part of business strategies.

Various awards were provided during the event, including for the best cybersecurity solution of the year. In this category, 25 international start-ups received a nomination, of which only five companies – especially from the Mobile and Endpoint Security sectors - were shortlisted. These five companies were invited to an on-site pitching contest.

Munich start-up Build38 takes the lead

The jury consisted of venture capitalists, incubators and security experts. Build38 finally convinced in the live pitch with its Mobile App and Fraud Protection solution T.A.K (Trusted Application Kit). Various aspects contributed to the decision:

  • mature product with an established customer base,
  • particularly resource-saving support of mobile business processes,
  • variety of functions,
  • advanced development status of the solution.

„Despite the difficulties caused by Covid-19, the organizer mastered the challenge of creating an interesting and well-organized digital event“, says Christoph Brecht, VP Sales at Build38. „We are grateful for the award, which once again confirms that security for mobile apps is becoming increasingly important."

With its security solution Build38 prevents the manipulation of customer data in apps, ensures their integrity and thus reliably protects companies and their customers from cyber criminals.

PwC-Award Cybersecurity-Solution of the Year
Christoph Brecht, VP Sales at Build38, & Koen Maris,
Cybersecurity Leader, PwC Luxembourg