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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. 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 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. 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.