“Do not download apps from unknown app stores, except if you really trust the specific vendor,” said Andy Hayter, security evangelist for G Data.
According to a report by G Data Security Labs, information stored on an Android device is susceptible to almost 4, 900 new malware file each day. In addition, Android’s Q1 2015 Mobile Malware Report revealed that cyber criminals’ interest in the Android operating system significantly escalated.
Andy Hayter also said “The report suggests that Android devices are becoming a bigger target for the bad guys and more profitable than in previous years.”
The number of new malware samples in the first quarter increased 64 % (550, 267) from the fourth quarter of last year (413, 871). The number of malware strains rose by 21 % compared with the first quarter of 2014 (316, 153). More than 2 million new Android malware strains are likely to surface this year, G Data Security predicted.
This trend has just started and the figures above are most likely to happen on account of the increasing demand and growing market of Android devices.
Beginning of an invasion
“The report shows that the OS has a bigger market share than the others, and thus is more interesting to security researchers and malware authors alike. Also, a lot of vendors offer Android devices varying in quality standards, but that is not a problem of the OS itself, but rather of the vendor in question,” Hayter told Linux Insider.
When Google introduced premium SMS Checks last year, the malware models started to spread out.
“Before that time there were a few very active malware families, such as SMS Fake Installer,” Hayter said. “Since then there are lots of small families.”
Eyes for Greener Pastures
At least 41 % in Europe and 50% in the U.S in the consumer market use smartphone or tablet for their banking transactions. Moreover, 78 % of netizens make purchases online.
According to the G Date report, these new malware files are well grounded financially. Most of all Android malwares now in the market supports banking Trojans, SMS Trojans and similar malware components.
Researchers warned that the actual figures of malware infection in Android apps could be higher. The scope of their research only covers financial purpose; there is a great tendencies for other cases to exist.
For instance, a malware might install apps or steal credit card data as an additional process after a payment is made. Such type of malware was not included in the official research because it does not seem to be financially motivated.
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Credits to Jack M. Germain from TechNewsWorld
(Picture courtesy of Google Images)