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Android banking and payment malware on the rise

Following up on a previous blog entry regarding the targeting of cryptolocker ransomware on mobile devices, a new report by Cheetah Mobile shows that the number of infected mobile devices worldwide is on the rise, particularly in the month of June.
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Financial ransomware now targeting U.S users

Even though the infamous GameOver Zeus botnet and the CryptoLocker ransomware have been disrupted, their stories and media coverage has enticed other mobile malware writers to copy their concept and release their own versions. On June 8th, Kaspersky Lab detected a similar mobile Trojan called Svpeng, currently operating in the UK and USA.
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Jean-Paul Navarro
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