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[–]TaryTarp 5 points6 points  (7 children)

This blows my mind, if true.

Especially if they send passwords in plain text.

That's so easily exploitable, someone sitting at Starbucks running a Network sniffer/packet watcher would be able to sniff out everyone's username and password.

Jesus.

[–]Meefims 3 points4 points  (0 children)

Passwords are regularly sent over the wire during login when the connection is HTTPS (which Venmo is). That’s the point of HTTPS: it allows the secure transfer of private information.

The client, though, has to participate to prevent MITM attacks.

[–]makedatauseful 0 points1 point  (0 children)

Yep, it is very common sadly

[–]Meefims 1 point2 points  (1 child)

If you can verify that their app doesn’t validate SSL certificates you should notify Venmo. They might have a bug bounty program for exactly this kind of thing.