Re: The title is misleading
Regardless, Apple can't really be blamed for this one - and it's not exactly out of character for banks to be utterly disinterested in mobile banking security, is it? They managed to shift all the risks onto the user and if it's hacked then they just claim that the user must have been careless with their passwords etc. Until the banks are made more accountable for the loss (like they are with in-person fraud) they have no real incentive to tighten up.