Reply to post: Re: Banking on a phone?

iOS banking apps security still not good enough, says researcher

Adrian Harvey
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Re: Banking on a phone?

It varies bank by bank of course, but for my bank (ANZ) it's more secure on mobile. That's because when you initially set it up it creates secure device credentials (which you can check from the app and invalidate lost/sold/stolen devices). It is then not sending my password over the net (encrypted or not passwords shouldn't be sent - the web is leading us astray here)

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