Apps earnings

F5: Promon and F5 join forces to protect mobile applications and their data

It will come as no surprise to anyone reading this that more and more confidential services are being accessed via mobile devices. In 2021, global mobile app revenues were estimated at more than 133 billion US dollars. All these revenues are generated by the fact that 92.6% of global internet users use a mobile device to access the internet.

In many cases, the data processed by mobile services and applications is very sensitive and in great need of protection. At the same time, however, mobile operating systems (OS) are often considered untrustworthy runtimes, open to arbitrary vulnerabilities (and, all too often, already infected with malicious code).

Across all types of environments – financial services, gaming, connected healthcare, IoT, e-government and many more – F5 works behind the scenes to secure the applications, data, devices and networks they run on. are performing. For mobile app developers, this protection is made significantly easier and faster when F5 Distributed Cloud Bot Defense is paired with the Promotion SDK integrator for fast and seamless application protection.

robots are stand-alone programs designed to generate queries that mimic real users at scale. Businesses of all sizes can be impacted by bot attacks that attempt to infiltrate through account takeover (ATO), compromised credentials, unauthorized scraping, etc. Distributed Cloud Bot Defense was created to combat these bots and mitigate the damage they can cause.

As F5 Labs noted, “…Cyberattacks are the easiest and most elusive way to deny, disrupt, degrade or destroy an organization.” And the damage from these attacks is very real:

  • AT more than 25 percentthe largest category of data breaches involves modality of access (e.g. phishing, brute force, credential stuffing, etc.).

  • Losses from online fraud are expected to exceed $48 billion per year by 2023.

  • The e-commerce, airline ticketing, money transfer and banking sectors will lose more than $200 billion combined for online payment fraud between 2020 and 2024.

  • In 2019, web exploits constituted 87% of offenses in the retail sector alone, making retail the only industry in which web exploits were responsible for more than half of known breaches.

  • A Forrester survey reported that most respondents acknowledged “hundreds of hours of lost productivity due to resolving bot attacks.”

  • That same survey showed that 48% of respondents experienced “income loss due to shopping cart fraud/scratching/account takeover.”

Protect your apps quickly and easily

With the F5 and Promon partnershipcustomers can quickly and easily implement all the features of Distributed Cloud Bot Defense for mobile apps via Promon’s no-code, no-hassle SDK integration platform. This means that Android and iOS apps can be secured quickly (in minutes) without touching app code. Once secured, the app is immediately ready for distribution through public app stores.

Bots are the primary means by which criminals and fraudsters attempt to infiltrate origin servers, with bot traffic often coming from compromised mobile devices or emulated endpoints. When Distributed Cloud Bot Defense is integrated into the mobile app, customers have a powerful line of defense against this type of infiltration. Mobile app security is the first line of defense.