Citi Discovers Security Flaw in iPhone Application [telecom]

Citi Discovers Security Flaw in iPhone Application

By NICK BILTON July 26, 2010, 4:38 pm

Citi The Citigroup iPhone application can be used for mobile banking.

After Citigroup on Monday discovered a potential security flaw in the Apple iPhone app that its customers use to access its Web site, the bank urged customers to upgrade to a newer version of the software, which it says will correct the problem.

In a statement, Citigroup said the original app accidentally saved information from a banking customer's account into a hidden file on the iPhone. The statement from Citigroup was first reported by The Wall Street Journal.

Citigroup said the update "deletes any Citi Mobile information that may have been saved" to a customer's iPhone or computer. The bank also said the update "eliminates the possibility that this will occur in the future."

Although Citigroup was working with customers to fix the problem, the bank said it did not believe its customers' personal information was affected. Citigroup also said the bug only affected iPhone users in the United States, though it did not say how many.

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