Will 2012 Be the Year for Mobile Pickpocketing?

Lookout Mobile Security has come out with its mobile malware prediction for 2012. In the report, Lookout states that malware writers will continue to steal millions from consumers via SMS malware and that the trend is expected to grow in 2012.

Back in June, GGTracker was the first malware found to take advantage of the premium sms scheme. Since then, RuFraud has also emerged.

Mobile pickpocketing (also known as SMS/call fraud) is set to grow by leaps and bounds for a couple of reasons. The first reason that comes to mind is user ignorance. How many folks actually realize that their cellphone is really a powerful computer? Secondly, who reads their cellphone bill to check for strange numbers? Most folks I know don't do that.

Mobile pickpocketing, where your cellphone makes unauthorized calls or texts to for-pay numbers, is going to be a major problem for consumers in the upcoming year. However, armed with some knowledge and a good mobile security app, consumers can protect themselves from this growing threat.

2 comments (Add your own)

1. Art wrote:
I have Norton for the port 3 years. next month it will expire And I'm thinking of going with AVG. People are saying Window 7. Microsoft as their own Antivirus in Win.7 That's like Norton. what do you think?

Wed, December 21, 2011 @ 11:58 AM

2. John Wright wrote:
Microsoft Security Essentials? I don't know if it is as good as Norton, but I don't like Norton and I don't use AVG anymore (it has become bloated).

Wed, December 21, 2011 @ 4:02 PM

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