Fraunhofer Reports Massive Security Issues with Apps

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Many popular Android apps pose significant security threats, according to researchers at the Fraunhofer Institute for Secure Information Technology in Darmstadt, Germany (Fraunhofer SIT).

The researchers conlcuded that by exploiting weaknesses in the way the Secure Sockets Layer (SSL) protocol is used, attackers can steal sensitive access data, e.g., user names and passwords. Fraunhofer SIT informed over 30 affected app manufacturers and so far, 16 closed the security gap. Among those were Amazon, Yahoo, Google, and Volkswagen Bank.

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Story added 17. December 2013, content source with full text you can find at link above.