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MobAIsec

US FFIEC Mobile Banking Security Controls

Regulator: FFIEC / OCC / Federal Reserve

Overview

US banking regulators through FFIEC provide comprehensive guidance on mobile financial services security. Institutions must address authentication, encryption, fraud detection, and third-party risk in mobile banking applications.

Mobile App Security Requirements

  • Multi-factor authentication per FFIEC guidance
  • Encryption of data in transit and at rest
  • Mobile application security testing program
  • Third-party SDK and vendor risk management

Fraud Control Requirements

  • Account takeover prevention controls
  • Zelle and P2P fraud monitoring
  • Device risk scoring at login

MASVS Governance Mapping

MASVS ControlRegulatory Requirement
MASVS-NETWORK-1TLS encryption for all financial data transmission
MASVS-PLATFORM-1Secure use of platform APIs and permissions

Common Violations

  • Excessive Android permissions in banking apps
  • Insecure local authentication bypass
  • Missing certificate validation in API clients

Recommended Protections

  • FFIEC-aligned mobile security assessment program
  • Continuous governance monitoring per release
  • Fraud readiness benchmarking against industry peers

Frequently Asked Questions

What FFIEC guidance applies to mobile banking?

FFIEC's Authentication and Access to Financial Institution Services guidance, along with IT examination handbooks, establish mobile banking security expectations for US institutions.

Assess Your Banking APK

Upload your Android APK for a governance assessment mapped to this framework.