We’re sure there are many of you guys out there who use banking apps on their smartphones or tablets. After all this is a great way to check/manage your finances on the go, as well as paying back friends for a meal in the event that you did not bring cash with you that day. Safe to say it offers a host of inconveniences. However for the most part, these apps aren’t developed by the banks themselves, but outsourced to third party developers, which is often a cheaper and more efficient option. However since these banks to do not actually develop these apps themselves, it also means there might be security flaws in them that the bank might not be aware of, which is what security researchers at IO Active are warning smartphone users about. (more…)
Research Finds Majority Of Bank Apps Are Not Secure original content from Ubergizmo. 
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