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On the WMDR4500v2, when you login, you go to the basic login page. Among the things displayed are the wireless passwords for any of the wireless networks you have active. I have been told by Netgear ...
To be clear I am not the one calling it the basic login page. Have you ever seen the WNDR4500v2 router browser interface? It says "BASIC" right on it, and it is the page that appears after you login. I already started a thread about if this page could be modified or at least not be the default, and was told it was impossible and to submit it on the idea exchange.
I realize that their are alternatives, which I will check. Keep in mind that the browser interface is more "universal" as every platform has one, and not everyone may have a smart phone that supports the app (yes shocking but keep that in mind). For me in my environment it easier to have a browser with tabs for every device I need to manage instead of switching around among multiple apps. My suggestion is simply about the web interface. To me it just comes across as a dodge for not wanting to address a security exposure. It is like having an oil leak in ones car, and the manufacturer responding "well, just carry around extra oil cartons with you when you drive".