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Fresh-Faced Recruit
Joined: Nov 2008
I thought some insecurity
expert said that the iPhone was too insecure to deal with anything that needed high security. I would think that your keystrokes would be stored on the iPhone and once it's encryption is broken, all your transactions would be easily able to look at and steal. Maybe this Citi Mobile application has it's own incryption or something.
I saw the video of the guy that broke the encryption on the iPhone and it certainly look easy enough to do.