Citi Sucks and So Does Their iPhone App
First of all I question any banking application that you'd slap on your phone and much prefer Chase's text system for checking my balance, transferring cash, etc. But oh well.
Secondly, is anyone really surprised by this? Sort of the price you pay for banking with the crappiest of the TBTF.
Citibank said Monday that its U.S. iPhone banking application users should update to a newer version of the software, because an earlier version mistakenly saves personal account information.
"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," the company said in a prepared statement. "This information may also have been saved on their computer if they had been synchronizing their iPhone with their computer via iTunes."
Citi said the updated application corrects the security hole by deleting any information that may have been saved on a user's iPhone or computer, and will not save information in the future.
The bank also said that it has "no reason to believe that our customers' personal information has been accessed or used inappropriately by anyone."
I'm sorry but this is more than a simple programming bug, can't Citi afford to pay real programmers to create their applications?