Citibank iPhone app ‘Accidentally Saved Personal Information’ |
You are not always as safe as you think you are. Citibank revealed that it’s U.S. iPhone app accidentally saved personal information including account numbers. At least the company did the right thing and owned up to this security flaw.
In fact, they have already rolled out an updated iPhone app that patches the problems. According to Citibank, this flaw only affected users of their mobile banking app. Credit card customers who use Citibank’s services via a separate iPhone application were believed to be safe.




Nokia just introduced us to their new payment system, which is simply called Nokia Money. The new payment system is set to offer banking to the poor and those in developing countries who don’t have the kind of banking choices that we have.
ZTIC (Zone Trusted Information Channel) is a USB stick designed for secure online banking, even if your computer is crawling with viruses. The stick was developed in Zurich by IBM and opens an SSL connection with the bank’s servers, keeping the data safely on its side (it has no storage of its own) and displaying the transaction details on the hardware.