Citigroup has urged customers conducting mobile banking from their smartphone to immediately upgrade. Account takeover fraud (ATO) attacks are on the rise, up nearly 300 percent since last year. A security flaw in the older app reportedlysecreted account information on the smartphone. Read the full article. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..: Citigroup urges customers to upgrade their mobile banking app to ensure they have the latest version of the app is compatible with the new version of its software. .. .. .. .. .. .. .. .”Security flaw”” in Citigroup’s mobile app has been identified as a security flaw.”
Source: https://threatpost.com/iphone-banking-flaw-citi-bank-app-072610/74260/