Saturday, November 6, 2010

Banks Rush to Fix Security Flaws in Mobile Apps

Wells Fargo & Co., Bank of America Corp. and USAA are issuing updates to some of their wireless banking applications to fix security flaws. Some of the applications store usernames, passwords and financial information as "clear text," the Wall Street Journal reports.

The problem only points out the greater need for security and privacy protection as software ecosystems become more complex.

No comments:

"Soak the Rich" is a Truly Dumb Idea, if a Catchy Slogan

Some of us dislike shallow or “bumper sticker slogan” levels of thinking. Economies and societies are very complicated things and we are ver...