Two cybersecurity assessment reports of Top 50 Android Apps for Shopping and finance related tested for cybersecurity by Appknox, one of the world’s most powerful plug-and-play security platforms have indicated security risks to businesses in Nigeria.
Both the reports show that a high percentage of apps, 60 percent Finance apps and 72 percent shopping apps, featured critical or high-security risk elements, putting the confidential customer and business data at risk.
The assessment, which is presented to businesses in the Nigerian retail industry and their customers to help them assess the magnitude of security concerns, was carried out following eCommerce fraud where businesses across the globe are losing billions of dollars (more than $20 billion in 2021).
This report examines the top 50 Nigerian shopping Android apps and runs them through Appknox’s exhaustive security testing process to gain relevant insights.
Unveiling the report in Lagos, Mr. Chukwuebuka Ume-Ezeoke, the Chief Technology Officer of CED Technologies and Appknox’s Africa partner, said the report will be helpful to app developers in creating cost-effective and efficient mobile application security strategies that safeguard their user and business data and adhere to international security standards.”
The aim of sharing the report with the business community in Nigeria is to…
