AppSealing Android Data Encryption Solution for fintech and banking

AppSealing, a leading mobile application security solution provider and a service of INKA ENTWORKS announced the launch of its data encryption solution for Android applications.

With this solution, companies can protect a slew of sensitive data like authentication tokens, unique identifiers, and passwords from unauthorized access and modification.

AppSealing’s Android Data Encryption Solution

This addition to the mobile suite reiterates AppSealing’s commitment to enabling companies to fend off cyber attackers and prevent illegal access, theft, deletion or modification.

Companies can now take better control of their data in a much more proactive manner.

The solution offers top-notch encryption architectures and supports AES 256 encryption, the strongest encryption standard in the world.

It has standards like PCI DSS (Payment Card Industry Data Security Standard), GDPR (General Data Protection Regulation) and HIPAA (Health Insurance Portability and Accountability Act).

Companies can be compliance-ready instantly without any coding or SDK integration.

Comments on AppSealing’s Data Encryption Solution

James Ahn, Chief Executive Officer with INKA ENTWORKS, explained the relevance of data encryption for fintech companies, emphasising that, “Fintech industry is booming.”

“The global fintech market, which was worth $128bn in 2018, is expected to touch $310bn in 2022. We have been collaborating with our clients to secure their mobile applications.”

“Our latest offering of end-to-end data encryption further strengthens our mobile application security portfolio and leadership position in the market.”

“We are pleased to make fintech, payments, banking and gaming apps more secure.”

“We are excited to partner with customers and help them be compliant, protect sensitive data, take relevant actions against hackers and build their business and reputation confidently.”

“Digital banking enables companies to provide banking services at the touch of a button.”

It is a great way for companies to serve their customers, but it also means opening Pandora’s box since attackers are lurking around. Data localization also puts an added responsibility.”

“With data encryption, we aim to help Fintech companies focus on customer experience, compliance with localization policies, and revenue generation within the safe walls of security,” says Govindraj Basatwar, Global Business Head with INKA ENTWORKS. 

The key features include:

  • Whitebox AES 256 & FIPS 140-2 encryption for Android mobile devices, software, and operating systems
  • Runtime protection covering encryption keys, API keys, authentication tokens, etc.
  • End-to-end support system encompassing legacy native file input/output interface

Companies can thus leverage AppSealing’s data encryption solution to protect sensitive data pertaining to their Android applications. The robust encryption standards ensure 100% coverage of emerging attack vectors, to provide a complete safety net to mobile applications.