Verimatrix, the leader in powering the modern connected world with people-centered security, announced it’s scheduled to unveil a new mobile application monitoring service, an extension of its award-winning App Shield and Code Protection solutions, during this week’s Money 20/20 Europe in-person event.

The value of app monitoring cannot be overstated; by detecting and remediating mobile application threats, customers can be quickly alerted whenever hackers try to take advantage of unknown vulnerabilities in their apps. The new monitoring features provided by Verimatrix empower users to quickly identify and patch any vulnerabilities before hackers have a chance to build an exploit, thwarting attacks before they happen.

Serving as an intelligent analytics and mobile defense tool, Verimatrix’s app monitoring solution provides an in-depth analysis of the risk profile for a mobile app, performing early detection and alerting when hackers attempt to break into an application. The result is a far greater understanding of the threat profile of an install base – even arming an organization’s security personnel with the ability to drill down into the risk score of an individual app instance and ultimately mitigating risks before a sensitive ecosystem is compromised.

“Further arming Verimatrix App Shield and Code Protection users with a proactive, intelligence security posture for their mobile apps, the launch of this powerful monitoring service adds significant value for our customers,” said Asaf Ashkenazi, Chief Operating Officer and President at Verimatrix. “Sectors such as finance realize the importance of these ever-present protections for mobile apps, as it maximizes their opportunity to use security as a differentiator in today’s mobile-first world.”