Mobile Security for Banking on Android Platform

This paper discusses the proposal of protecting mobile banking applications on an Android platform. The mobile platform surpasses computers in its popularity in many aspects of ones daily routine. One of the basic feature is its connection to the internet and the possibility of transferring money using the mobile device. Despite threats that are available on mobile devices like security breaches, data leakage and other types of malware, the popularity of using mobile banking is more popular than a few years ago. Mobile banking applications have the same security protection as any other mobile application, thus without additional specific protection for mobile banking supported by an operating system. This paper proposes novel protection for applications which checks if the mobile banking application communicates to the current bank company and the data (usually passwords, money amount etc.) are not sent to someone else. There is a discussion about another control mechanism: permissions which are used to access mobile device hardware.