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

Banking and fintech apps are prime targets for sophisticated mobile threats—from reverse engineering to runtime manipulation. Protectt.ai delivers rigorous mobile app penetration testing aligned with OWASP MASVS, uncovering critical vulnerabilities before attackers do. Our deep-tech security assessments help financial teams meet RBI, PCI DSS, and global compliance mandates while building unshakeable user trust.

Security analyst performing mobile app penetration testing on a banking application

Our Mobile App Security Assessment Services

Comprehensive penetration testing and OWASP MASVS audits purpose-built for banking, fintech, and regulated financial applications.

OWASP MASVS Audit

Systematic evaluation of your mobile app against the OWASP Mobile Application Security Verification Standard, identifying gaps in architecture, data storage, authentication, and cryptography critical for financial compliance.

Application Penetration Testing

Hands-on offensive security testing of Android and iOS banking apps, simulating real-world attacker techniques including reverse engineering, runtime hooking, and API abuse to expose exploitable vulnerabilities.

Source Code Security Review

In-depth static analysis of mobile app source code to detect insecure coding patterns, hardcoded credentials, weak cryptography, and business logic flaws before they reach production environments.

Runtime Threat & RASP Validation

Assessment of runtime application behavior under active attack scenarios, validating the effectiveness of RASP controls, anti-tampering mechanisms, and real-time threat detection in live financial app environments.

Network & API Security Testing

Evaluation of data-in-transit security, SSL/TLS configuration, certificate pinning, and API endpoint robustness to prevent man-in-the-middle attacks and unauthorized access to sensitive financial transaction data.

Compliance & Risk Assessment

Structured risk assessment mapped to PCI DSS, RBI Digital Payment Security Controls, ISO 27001, and SEBI frameworks, providing actionable remediation roadmaps that reduce regulatory exposure and audit preparation time.

Security team conducting a structured mobile app audit process for a fintech client

Our 5-Step Mobile Security Audit Process

Scoping & Threat Modeling

We begin by understanding your app's architecture, data flows, and regulatory obligations—RBI, PCI DSS, SEBI, or global standards. This defines the attack surface, threat actors, and testing boundaries specific to your banking or fintech platform.

Static Analysis & Source Code Review

Dynamic & Runtime Penetration Testing

OWASP MASVS Compliance Mapping

Remediation Report & Advisory

Proven security results

Trusted by Financial Leaders

See how leading banks, NBFCs, and fintech platforms strengthened their mobile security posture with Protectt.ai.

"Protectt.ai provides us with quick, hassle-free, and seamless integration of our mobile banking apps. The In-App analysis consists of some expeditious must do validations, where all the laborious resources and artificial intelligence / machine learning executions will be processed on the cloud."

Vivek Dhavale
Vivek Dhavale

"AppProtectt Mobile App RASP security helped us to enhance our Mobile App Security with quick implementation and also provided visibility into threats and prevention on real-time. Now, our team can focus more on App Features development while AppProtectt is adding a layer of security for our mobile apps."

Shivkumar Pandey
Shivkumar Pandey
The Protectt.ai Advantage

Why Choose Protectt.ai for Mobile App Penetration Testing?

We bring unmatched depth of expertise in financial-sector mobile security, combining AI-native intelligence with battle-tested offensive testing methodologies.

Financial-Sector Expertise

Trusted by RBL Bank, Yes Bank, Bajaj Finserv, BSE, and 20+ leading financial institutions across banking, insurance, and fintech ecosystems.

Full-Stack Mobile Security

Our assessments cover the complete mobile attack surface—from source code and runtime behavior to network APIs and device-level vulnerabilities—leaving no blind spots.

Regulatory Compliance Alignment

Every audit is mapped to PCI DSS, ISO 27001, RBI Digital Payment Security Controls, and SEBI frameworks—reducing your compliance preparation time by up to 90%.

AI-native threat intelligence

Our proprietary AI/ML-driven platform continuously adapts to emerging mobile attack techniques, ensuring your penetration tests reflect the latest real-world threat landscape.

Meet the Protectt.ai Security Leadership

Deep-tech innovators and banking veterans driving mobile security excellence.

Manish Mimani, Founder and CEO of Protectt.ai

Manish Mimani

Founder CEO

Manish Mimani is a passionate entrepreneur with proven expertise in Global Technology Platforms, Digital Transformation, Greenfield Implementation, and IT Turnaround. As Founder and CEO of Protectt.ai, he is a Technology Innovator with a deep focus on Deep Tech, channeling his experience to build Protectt.ai as the next-generation mobile application security platform for BFSI and digital-first enterprises worldwide. His vision is rooted in the belief that AI-native, full-stack mobile security is essential to safeguarding the future of digital financial services—from banking and insurance to fintech and government platforms. Manish leads the company's strategic direction, product innovation, and global enterprise partnerships, consistently pushing the boundaries of what intelligent mobile security can achieve at scale.

Sunita Handa, Principal Advisor Strategy at Protectt.ai

Sunita Handa

Principal Advisor – Strategy

Sunita Handa is a distinguished banking and technology leader with over 30 years of expertise in digital transformation and large-scale enterprise technology initiatives. Having led global digital initiatives at the State Bank of India (SBI), Sunita brings unparalleled strategic insight into the security and compliance challenges faced by BFSI institutions across India and globally. At Protectt.ai, she drives the company's strategy and product roadmaps, ensuring the platform remains aligned with evolving regulatory frameworks including RBI, SEBI, and NPCI mandates. Her industry contributions and innovations have earned her widespread recognition and accolades, making her a trusted voice in enterprise mobile security and digital financial services strategy.

Mohanraj Selvaraj, Co-Founder and Head of Engineering at Protectt.ai

Mohanraj Selvaraj

Co-Founder & Head – Engineering

Mohanraj Selvaraj is the Co-Founder and Head of Engineering at Protectt.ai, where he leads research, analysis, and development of disruptive technologies that advance mobile application security. Mohanraj established the Protectt.ai research lab—the innovation engine behind the platform's deep-tech capabilities including RASP, multilayered code obfuscation, AI-driven threat intelligence, and zero-trust device binding. His work directly supports enterprise customers in banking, insurance, and fintech in building robust, compliant security ecosystems capable of withstanding the most sophisticated mobile threats. With a hands-on engineering philosophy and a forward-thinking research mindset, Mohanraj ensures that Protectt.ai's technology stack remains at the cutting edge of the global mobile security landscape.

Frequently Asked Questions

What is OWASP MASVS and why does it matter for banking mobile apps?

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.

What does a mobile app penetration test for a fintech application typically include?

How long does a mobile app penetration test and OWASP MASVS audit take?

Which compliance frameworks does Protectt.ai's audit cover beyond OWASP MASVS?

Do you test both Android and iOS banking applications?

What deliverables will we receive after the penetration test?

How does Protectt.ai ensure the security of our app's code and data during testing?

Can the findings from the audit help us prepare for regulatory inspections by RBI or SEBI?

Have More Questions About Mobile Security Audits?

Speak with our security experts for a tailored consultation and scoping discussion.

Global Mobile Security Coverage

Protectt.ai delivers mobile app penetration testing and OWASP MASVS audits to financial institutions and fintech teams worldwide.

Global

Service Reach

Banking, Fintech & More

Sectors Served

Mon–Sat, 9:30AM–6PM

Availability

Do We Service Your Region?

Contact us to discuss your location, compliance requirements, and engagement timeline.

Certified & award-winning

Awards and Recognition

Cybersecurity Company of the Year 2023 award badge

Cybersecurity Company of the Year 2023

Winner – recognized for outstanding innovation in mobile cybersecurity.

PCI DSS certification logo

PCI DSS Certified

Compliant with Payment Card Industry Data Security Standard requirements.

ISO 27001 certification logo

ISO 27001 Certified

Internationally certified for information security management systems.

Get a Mobile App Security Assessment for Your Financial Platform

Fill out the form below and our security specialists will reach out to discuss your app's risk profile, compliance requirements, and a tailored penetration testing engagement scope—at no obligation.

Contact Us Today

You can also send us a quick email at consult@protectt.ai.