iVote: Do cost savings outweigh security risks?

iVote allows voters to register, cast their vote and verify their vote from any internet capable device or phone. The process requires no travel time and no wait time, can perform anywhere, and allows disabled voters to cast a secret vote of their own without assistance. iVote has been tested in multiple large scale elections in Australia with positive user feedback. When compared to traditional elections these electronic elections demonstrated higher cost efficiency when applied to elections of over 1,000,000 voters. The efficiency also shows the potential to be further optimized for future applications. While iVote has some clear security vulnerabilities, the effective cost saving allows for reinvestment to combat these problems.