Cyber-thieves cash in on mobile phone fraud

Viruses that steal cash from phone owners now make up two-thirds of all mobile malware, suggests a report. [via the BBC]

In nine months viruses that steal cash have jumped from 29% of mobile malware to 62%, found the report by Lookout.

Mobile security firm Lookout said the growth was down to phone fraudsters industrialising their scams.

Viruses were getting on to phones via booby-trapped apps and through adverts and webpages harbouring malware, it said.

Phone fraudsters were increasingly using viruses that surreptitiously added charges to a user's bill to cash in.

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emily | 8:40 AM | Random Stats / Infographics, Spam, Viruses and Hoaxes |
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