Mobile Malware Bigger in China and Russia

SmartphoneMobile malware, especially malware aimed at Android mobile devices, is a present threat that we’re all aware of. However, it’s not just a problem in the U.S. and Europe. In fact, as reported by Lookout Security’s State of Mobile Security Report 2012, China and Russia are the countries of preference for mobile malware crooks.

According to the report, there is more money to be stolen in the U.S. and Europe, but it’s an easier theft in China and Russia. Remember what we’ve said many times on this blog; the cyber thieves are like terrestrial thieves in that they’ll take the path of least resistance to make their theft.

The report states that it’s easier in China and Russia because:

“For one, the local mobile users are not fans of paying for apps, so they are more likely to turn to third party online app marketplaces where they can find – apparently for free – the same apps that they would have to pay for on legitimate markets.
Secondly, the popularity of those unofficial app markets wouldn’t be a problem in itself (well, except for the app developers looking to earn a buck), were it not for the fact that such markets rarely have thorough checks or vetting processes in place in order to spot potentially malicious apps.
Thirdly, safeguards – such as double opt-ins or the option of barring all premium SMS from mobile phones – devised to protect customers from unwanted subscriptions to premium SMS services are still not required by local law, making it easy for the malware to carry out what it has been created to do.”

However, don’t let your mobile guard down if you live in a country other than China and Russia, because there is plenty of mobile malware fraud in other countries too.

Reference: Help Net Security article

Be very careful…it’s dangerous out there.

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Paul

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Filed under Cybercrime, Internet Security, malware, Warning

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