How do we know if mobile apps are secure? – Scott Hanselman

I download a new 99 cent app and perhaps it wants a name and password. What standard UI is there to assure me that the transmission is secure? Do I just assume?

Scott links a sobering example: a study of 40 banking mobile apps—those gotta be secure, right?—from the top 60 most influential banks in the world found that they are “miserably insecure leaky messes.”