This is a known issue with this type of approach.
It is however far easier said than done depending on type of pattern being enforced. In my opinion banks should use a strong pattern. In other words a simple shape or swipe won't do it. A minimum number of dots to trace over would be required and that can make it more difficult to figure out.
The motivation behind this post is to show that there are alternatives to the good old password, and I am encouraged by banks trying out different methods in layered security environments.
[…] asked by Wired Magazine in November of 2012, and something that has been on the mind of Celent for quite some time. Finovate produced no shortage of companies looking to innovate on financial security. Finovate […]
And the next person that handles the phone will easily just retrace the path of the finger smudges left on the glass to log in. Great idea!