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Norwegian security company releases app in UK

Promon Shield is meant to stop malware attacks when consumers use their smartphones for activities such as mobile banking.

Promon, a Norwegian security specialist, has launched in the U.K. with its flagship app security product, Promon Shield.

Promon said in a press release its app is a proactive solution designed to stop malware attacks before they do any harm, without changing the customer experience. Promon focuses on vulnerabilities rather than threats, according to the announcement. Promon Shield is therefore able to ensure a safe mobile banking experience, even on devices that have been compromised or with vulnerabilities caused by the user.

"As the use of mobile banking applications in the U.K. continues to grow, attackers will continue to monetize their fraudulent attacks leading to an increase in sophistication and effectiveness," Promon CEO Jan Sogaard said in a statement. "However as Promon Shield gains traction in the U.K., mobile banking customers will become increasingly more protected and banks can safely continue to drive uptake of this convenient solution safeguarded by Promon."