Banking Security & Fraud Prevention

Financial & Back-Office Application Security

Given the central role played by software applications in customer-facing and core banking services such as ATM, Deposits, Card Issuance, and Money Transfers, MAXUT offers custom penetration testing and vulnerability assessment services focused on discovering and rectifying applications security flaws – either inherent or through deployments. This service is invaluable to customers who need to combat security risks associated with relatively new online and mobile applications as well as risks from custom web and legacy applications – some of which were developed in an era when security was an after-thought in software development.

Our unique testing methodology is based on ‘ethical hacking’ principles that combine technical ability and the creativity of our team of experienced financial applications and security professionals to precisely test business scenarios that automated testing tools are incapable of.

Our custom testing services are designed to:

  • Identify likely use and abuse risks in mobile, web, custom and back-office applications and dependent 3rd party infrastructure.
  • Identify internal fraud risks from weak application encryptions, elevated user privileges and other weaknesses that may be exploited.
  • Avoid vulnerability blind spots common with automated, checklist based assessment programs. Our testing method offers holistic testing across business service layers including supporting application and network Infrastructure.
  • Identify security vulnerabilities that may be hidden in legacy financial back-office applications most of which were developed in an era of lax application security.
  • MAXUT is an information security-focused organization with active participations at various global security expert forums and events to keep abreast of emerging threats in cyber security. We provide, through our 3rd party partners, continuous web and mobile application threat protection for your environment using data from real-time threat research.