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percent of the Android financial apps they reviewed had been “cracked” while 23 percent of
the iOS financial apps were hacked variants.

Another area where I expect there to be real change in 2014 is in security education and
awareness. Without a doubt, 2013 has been the year of the hack and with more and more
breaches being covered by the media and consumers expecting accountability, businesses
need to stand up and pay attention to the threats posed to their businesses and customers.
Awareness has certainly been raised. Now education and a commitment to making security
a core building block both for how companies develop new mobile technology, and how
consumers make use of it needs to be the focus. - Mike Dager, CEO of Arxan
Technologies

About the Author

Michael Dager
CEO and Chairman of the Board
Michael Dager joined Arxan as Chief Executive Officer in May 2006. Mr.
Dager has over 27 years of experience in senior level positions at leading
technology companies. He came to Arxan from Worksoft, a leading
provider of automated enterprise testing solutions, where he served as
CEO and Chairman of the Board. Prior to Worksoft, he was president and
CEO of OSE Systems Inc.(ENEA.ST), growing the company from a
startup in 1997 to the number two embedded operating system supplier in
2001 with a stock market valuation of over $1 billion. Before OSE Systems, Mr. Dager held
senior sales management positions at Pure Software (RATL) for many years helping raise
the market valuation of the company from start-up level to over $1 billion. During his tenure
at Pure the company completed one of the most successful IPOs of 1995. The company was
later acquired by Rational Software. He began his career at Texas Instruments in the
semiconductor division after earning a degree in electrical engineering from the University of
Michigan at Ann Arbor.

34 Cyber Warnings E-Magazine – April 2014 Edition
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