Wall Street Journal reported Citigroups iPhone electronic banking app contained a security flaw that had been fixed. A new version of the app has been made available to customers through Apple’s App Store. Citi app was developed in conjunction with mobile app specialist mFoundry and allows customers to view their banking and/or credit card statements and make bank payments. The bank doesnt believe any personal data was exposed by the flaw. The fix and announcement were well-coordinated. The flaw was almost certainly discovered either by Citigroup or a friendly party.”]

