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Tuesday, May 22, 2012

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iPhone App Accidentally Saved Personal Information from Citibank users

Posted by gracelim on Tuesday Jul 27, 2010 Under iPhone News

citibank mobile banking app_397x224

Citibank said its U.S. iPhone app accidentally saves personal information which includes account numbers.
The company publicly acknowledged the security flaw Monday, explaining that it had already released an updated iPhone app that patches the leak.
“During a recent review, we discovered that our U.S. Citi Mobile iPhone banking app was accidentally saving information related to customer accounts in a hidden file on their iPhones,” said Citibank spokeswoman Natalie Riper. “This information may also have been saved on their computer if they had been synchronizing their iPhone with their computer via iTunes.”
Citibank clarified that the flaw affected only users of the mobile banking app; credit card customers access Citibank’s services through a separate iPhone application, which the company considered was not cooperated. Citibank stated that it had endeavoured to converse with customers who have downloaded the app to recommend them of the update, and stresses that the error was initiated and fixed before any customer data was compromised.
“We have no reason to believe that our customers’ personal information has been accessed or used inappropriately by anyone, i.e., there has been no data breach,” said Riper.
Citi launched the iPhone app in March 2009 in combination with mobile financial services provider MFoundry, reported the Wall Street Journal. The bank said it performed security tests before and after the release of the application but failed to detect the problem. Citi said it is conducting an internal analysis to determine why it didn’t find the vulnerability.
“Most consumers and app developers don’t know what is happening in their apps, because it is moving so fast,” Mr. Hering said. “Apps are proliferating so quickly. We will see more and more of this.”