Detecting Mobile Security Flaws in Time Can Save a Fortune

blockchain technology, powering the bitcoin network is known for providing a fast, secure and inexpensive way to transfer bitcoin and other cryptocurrencies. Originally built as a ledger for all bitcoin transactions, it is now being used for other non-transactional applications as well. The number of people using bitcoin and bitcoin based services have increased drastically over the years and most users access these services on their mobile phones.

The increasing usage of mobile phones for availing bitcoin and bitcoin based services should not come as a surprise as mobile devices are becoming the primary device for communications and accessing internet in the recent years. Business have recognized this change in trend and have started to offer their products and services in mobile compatible form.

Even though the adoption of smartphones have skyrocketed, the mobile operating systems still have a long way to go before it can be free from security flaws. These security flaws can compromise the bitcoin wallet or other banking applications by allowing hackers to access private key and funds if not detected and proper remedial measures are taken on time. There are various tools that are available out there which can recognize these security flaws or detect the presence of any malware and alert the user.

AppBugs is one such mobile application that checks for any security flaws in the device and warn the device owner about it, so that the user can take appropriate steps to safeguard confidential information. However, these applications like AppBugs supplement the antivirus and other security applications by providing the user with information about the existence of security issues. It is up to the user to find a solution either by running a scan for malware or downloading security patches.

Even though AppBugs can’t solve the issue, it can act as an early warning system and users can refrain from using certain applications until the issue is resolved by the developer or the OS manufacturer.

Gautham

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I see, I think and I do… passionate about digital currency, start-ups and social good. I believe that if you mix them right, you can change the world. Find me @gautham_n on twitter or /gautham,nm on facebook

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