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66 Percent of Popular Android Cryptocurrency Apps Don't Use Encryption (vice.com)

Posted by msmash on from the keep-an-eye dept.

An anonymous reader shares a report: High-Tech Bridge used its free mobile app analysis software, called Mobile X-Ray, to peek under the hood of the top 30 cryptocurrency apps in the Google Play store at three different popularity levels: apps with up to 100,000 downloads, up to 500,000 downloads, and apps with more than 500,000 downloads. So, a total of 90 apps altogether. Of the most popular apps, 94 percent used outdated encryption, 66 percent didn't use HTTPS to encrypt user information in transit, 44 percent used hard-coded default passwords (stored in plain text in the code), and overall 94 percent of the most popular apps were found to have "at least three medium-risk vulnerabilities."

2 of 32 comments (clear)

  1. Oh great by DontBeAMoran · · Score: 2

    Here comes the wave of free software designed to keep you busy while it tries to steal your wallet key in the background.

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    #DeleteFacebook
    1. Re:Oh great by fisted · · Score: 2, Insightful

      Can we please avoid cryptocurrencies being shortened to just "crypto" in the mainstream? Pretty please?

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      CLI paste? paste.pr0.tips!