Downloaded 4.0.23 and decided to check the security timer issue. When the application first prompted to change the settings, I set the security timer to deny to see what happened. It saved the permissions, then gave the message dialog that the permissions weren't set so the application could start as it did before. After I had clicked okay, it brought me to the menu and I was able to restart the application and it loaded just fine!
Looks like the requirement is gone, but you may want to change the string that is called if the data timer permission isn't allowed.
Also while it connected fine last night, I am now getting a can't connect to server error. In the connection settings I'm set to BIS-B and the wifi box is checked. I'll try again every so often to see if it's just a temporary thing.