Mobile App Penetration Testing and OWASP MASVS Audit for Banking and Fintech Teams

OWASP MASVS (Mobile Application Security Verification Standard) is the industry-standard framework for evaluating mobile app security. For banking and fintech apps, it provides a structured checklist covering data storage, authentication, cryptography, network communication, and resilience against reverse engineering—helping organizations meet regulatory mandates and protect sensitive financial data from modern mobile threats.

A comprehensive fintech mobile app pentest covers static source code analysis, dynamic runtime testing, API and network security evaluation, authentication and session management testing, binary protection and reverse engineering resistance checks, jailbreak and root detection validation, and OWASP MASVS compliance mapping. The output is a prioritized vulnerability report with actionable remediation guidance and evidence-backed findings.

The duration depends on your app's complexity, number of features, and target MASVS verification level. A standard engagement for a banking or fintech app typically spans 2 to 4 weeks, covering scoping, static and dynamic testing, MASVS mapping, and report delivery. Complex apps with multiple modules or API integrations may require extended timelines.

Our assessments are mapped to multiple regulatory frameworks including PCI DSS, RBI Digital Payment Security Controls, SEBI Cybersecurity and Cyber Resilience Framework, ISO 27001, ISO 22301, and NPCI Security Controls on SIM and Device Binding. This multi-framework alignment ensures your audit findings directly support your broader regulatory compliance obligations.

Yes. Protectt.ai conducts penetration testing and OWASP MASVS audits for both Android and iOS platforms. Our engineers are experienced with native Java, Kotlin, Swift, and Objective-C codebases, as well as cross-platform frameworks like React Native and Ionic—ensuring comprehensive coverage regardless of your mobile technology stack.

You will receive an executive summary report, a detailed technical vulnerability report with CVSS-scored findings and proof-of-concept evidence, a full OWASP MASVS compliance mapping document, a prioritized remediation roadmap, and a re-test validation once critical issues are resolved. Reports are formatted to support both your development team and compliance auditors.

All engagements are conducted under strict non-disclosure agreements and operate within clearly defined scoping boundaries. Testing is performed in isolated environments using controlled methodologies. Protectt.ai holds ISO 27001 and ISO 22301 certifications, ensuring our internal processes meet the highest standards for information security and business continuity throughout the engagement.

Absolutely. Our audit reports are structured to align directly with RBI Digital Payment Security Control mandates and SEBI's Cybersecurity and Cyber Resilience Framework. Findings are mapped to specific regulatory requirements, enabling your compliance team to demonstrate security posture, address gaps proactively, and significantly reduce time spent on manual audit preparation—by up to 90% based on our platform capabilities.