Citigroup Fesses Up To Flaw In iPhone App
Posted 07/26/2010 at 7:08pm
| by Matthew Tilmann

(Image courtesy of contact-centres.com)
The company announced today that their free U.S. mobile-banking app contains a security flaw and wanted customers to upgrade to a newer version that would contain a fix, according to The Wall Street Journal. So if you're a Citi customer and have their app, you might want to mosey over to the 'ol App Updater.
The flaw was that the app would accidentally save information such as: account numbers, bill payments and security access codes - all in a hidden file on that specific user's iPhone. That information would also then have the chance of being saved to that user's computer if it had been synched with the iPhone.
The problem hits about 117,600 customers who had registered the app with Citi after its launch in March 2009, said a person familiar with the matter. But despite all that, the bank didn't think anyone's personal data might have been compromised.
"We have no reason to believe that our customers' personal information has been accessed or used inappropriately by anyone," said Citi. Apple has also acknowledged the flaw, and encouraged users to download the updated app.
Follow this article's author, Matthew Tilmann on Twitter