We help banking sector to centralize security programs, improve their risk profile and reduce the attack surface. We have programs to evaluate cyber security governance and identify cybersecurity operational challenges, help understand the risk and develop robust cybersecurity architecture. We help in policy and frame work development for banking sector and we have extensive experienced hand in NIST, PCI DSS, ISO, ISO 1-2, GLBA and FINRA and FinCEN.
We all have banking related applications in our smartphones. There are so many cyber-attacks in this industry. The biggest threats that banking industries facing today are unencrypted data: all data stored on computers within your banking institutions and online should be encrypted, malware attacks: end user devices that have been compromised by malware pose a risk to bank’s cyber security each time they connect with your network, third party services that are not secure: if the third-party vendors that bank depends don’t have good cyber security measures in place then it will make huge impact on bank also, data that has been manipulated, spoofing attacks.
We Improve the efficacy of enterprise cybersecurity capabilities by developing strategies to address identified vulnerabilities in financial systems. Banking related financial services are now more focussed on mobile applications (Android, IOS). We conduct static analysis as well as dynamic analysis of mobile applications and report security bugs to our clients. We conduct penetration testing on both client side and server-side mobile banking applications. We follow OWASP Mobile Application Securtiy Testing Guidelines and owasp mobile application security verification standard to conduct penetration testing. We also suggest possible recommendations to fix the vulnerabilities identified during the penetration testing.
Vagari.ai LLC has created a Vehicle Rental App for Auto Dealers, Fleet and other vehicle owners (Owners) to provide vehicles to drivers including those who drive for uber/lyft (Renters) in the rideshare and Transportation as a Service (TaaS) industry. Vagari.ai LLC is a frictionless mobility technology startup based in New York, USA. Their first product is the vehicle rental mobile app. This App offers an opportunity for Owners to earn incremental revenue on idle inventory on one hand and for the Renters to use vehicles at subscription price and if needed be able to purchase it over a period of time.
Some of the vulnerabilities pop out during our pentest in vagari are
We pinpoint potential avenues of network attack where access might be gained through internet-connected servers or network equipment by individuals outside of Vagari which lack appropriate rights or credentials.
We then conducted a mock attack to test security controls, developing and presenting with a cybersecurity assessment on findings along with solutions and recommendations that vagari can use to remediate the issue.
Trusted Hands Financial Services Private limited is a Kerala based Activities auxiliary to financial intermediation company. A consumer-focused financial services & tech platform that solves problem of discovery, shortlisting, application, management and servicing of bank loans, borrowing options. Trusted Hands Financial Services (THFS) will change the way customers take and manage loans. THFS will enable customers to acquire their financial freedom, with right choice at the right time.
Requirement : Internal / External Pentesting, Vulnerability Assesmement, Solution
The Customer needed to test the security controls deployed within their IT infrastructure.
Offenselogic team conducted black box penetration testing of the external perimeter of the Customer’s network. The ethical hackers didn’t manage to penetrate the network with no credentials, so they proceeded with the grey box testing method using user login details but having no access to the entire network. Grey box penetration testing revealed a vulnerability of the Customer’s remote server to external manipulations.
Our security engineers scanned the Customer’s internal network for vulnerabilities and exploited the discovered vulnerabilities using the grey box penetration testing method. They discovered a server using the obsolete HTTPS protocol, which was critical for the banking environment storing clients’ data.
The Customer received detailed reports of the conducted network vulnerability assessment, penetration testing, and the security risk assessment of the client digital channels with recommendations to mitigate the discovered vulnerabilities. After fixing all the issues according to the provided remediation plan, the Customer ran retesting, which showed the increased security level of the network’s external perimeter and internal environment.