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Mcafee : Android Malware Grew By 35% In Last Quarter

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Mcafee : Android Malware Grew By 35% In Last Quarter

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McAfee Labs’ quarterly threat report says that the Android-based malware grew by 35% last quarter. This is the highest growth rate since early 2012. Most of these malwares were designed to steal banking information of users, also fraudulent dating and entertainment apps, ‘weaponised’ legitimate apps and malicious apps posing as useful tools.

Backdoor Trojans and banking malware were the most popular mobile threats this quarter.

“We counted more than 17,000 new Android samples during this period. The year is certain to establish another record. New malware of all types exceeded 18 million this quarter, pushing our all-time tally to more than 147 million binaries,” Mcafee report said.

McAfee Labs researchers identified a set of common mobile strategies employed by cyber criminals to extract money and confidential information from victims.

Banking malware:

Many banks implementing two-factor authentication require customers to log into their online accounts using a username, password and a mobile transaction number (mTAN) sent to their mobile device via a text message.

McAfee Labs researchers identified four significant pieces of mobile malware that capture the traditional usernames and passwords, and then intercept SMS messages containing bank account login credentials. The malicious parties then directly access accounts and transfer funds.

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Hitesh Arora
Hitesh Arora
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