Sunday, March 9, 2014

Mobile Malware Sees ‘Exponential’ 614 Percent Growth

Chinese cybercriminals are increasingly targeting mobile users as they develop ever more sophisticated hacking tools, according to new research from security firm Trend Micro.

Its Mobile Cybercriminal Underground Market report revealed that Chinese hackers are using a variety of in-depth malware and malicious code programs to target users both at home and in the West, with mobile malware kits available to buy from as little as 100 yuan (around £10) on the black market.

“The barriers to launching cybercriminal operations are less in number than ever,” the report stated. “Toolkits are becoming more available and cheaper; some are even offered free of charge.” (more)