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Have you ever wondered how severely malware impacts Android users? Lookout Mobile Security has an answer – one million dollars.

According to Lookout, these ill-gotten gains generally come from malicious websites and apps that contain Trojans The Rise Of Smartphone Snooping & How To Check For It The Rise Of Smartphone Snooping & How To Check For It Snooping on computers has been a problem for decades. But snooping on a PC is an accepted risk, and one users often look out for. But what about your smartphone? Smartphones transmit location data and... Read More . Once installed, the software sends messages to premium-rate numbers and services. The owners of those numbers make off with the cash while the victim is left with an outrageously high mobile phone bill.

The malware known as GGTracker, which hit the United States in June, is one of the most recent examples of a severe SMS Trojan. Lookout claims to have detected many new threats in recent weeks as well, information that seems in agreement with an earlier report by Juniper Networks stating that Android malware Android Malware Has Increased 472 Percent Since July [News] Android Malware Has Increased 472 Percent Since July [News] Malware threats against phones were once few and far between, but anyone being honest with themselves knew that it was just a matter of time before hackers went after them in force. Now, Android is... Read More has increased significantly.

How do you protect yourself? Lookout doesn’t go so far as to specifically recommend its own security app, but having some form of anti-malware protection is a good idea. I stick by my recommendation of Kaspersky’s Mobile Security AV-Comparatives Reviews Android Security Apps, Finds Flaws [News] AV-Comparatives Reviews Android Security Apps, Finds Flaws [News] When it comes to information about computer security, few sources are as definitive as AV-Comparatives, an Austrian non-profit that focuses on researching anti-virus software. Recently, they released one of the first reports ever to focus... Read More . The report also states that users avoid third-party app stores, be wary of certain types of applications, and avoid shortened URLs, among other things. The suggestions are longer than this news article (the report is quite detailed) so be sure to read the full report.

Source: Lookout Mobile Security

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  1. Robert Ruedisueli
    December 22, 2011 at 6:29 pm

    Generally I would advise watching your permissions on applications in Android.

    Android will list if any app will have permission to access "services that cost you money"

  2. Niks
    December 22, 2011 at 1:11 pm

    1 million dollars is peanuts to Google .. doesn't matter

  3. Abdul Kadeer High-Definition
    December 22, 2011 at 7:28 am

    bullcrap. security companies will make anything up so we buy their software for no apparent reason.

    • M.S. Smith
      December 22, 2011 at 6:12 pm

      Okay. And your evidence would be?

      • Abdul Kadeer High-Definition
        December 23, 2011 at 9:13 am

        i have an android phone and so does my sister for nearly a year  and none of us had any virus or malware or anything odd about our phones. i guess the trick is to know what you click on.

        • M.S. Smith
          December 23, 2011 at 5:51 pm

          It's great if you don't have any problems, and if you look at the full Lookout report, you'll see that even they show that your chances of infection are relatively low. But if you have no anti-malware apps installed, how can you even know you don't have a virus? 

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