News  Android

Larger market share means bigger payoff for malware

It's the Windows/PC story all over again.

During the first quarter of 2012, according to IDC statistics, the Google OS Android recorded a year-over-year rise of 145 percent in market share. Furthermore, Juniper in its whitepaper “Banking Anytime Anywhere” estimates that in 2013, the number of users accessing banking services from their smartphones will rise to 530 million. According to the same study, in 2011, there were only 300 million individuals who accessed banks from their phones.

Not only an exponential growth of mobile malware, but the fact that malware is becoming more complex, thus expanding the range of malicious actions they perform on an infected device makes it the main concern for security community in 2013. Going further, ESET highlights another trend: the malware propagation by means of removable storage devices is decreasing globally in favour of the use of an intermediary in order to attract new victims. Simply speaking, instead of compromising system through infected flash drives and other removable media, bad guys compromise web servers to host malware and then send out the hyperlinks leading the users to the malware.

Global target

"There are over 27 million smartphone users in India, according to different estimations. Though it comes to about only 3 percent of total mobile phone users in the country, we see the huge growth of smartphones’ usage. Moreover, even the majority of cheap handsets run Android OS. Many public Wi-Fi areas are not encrypted and are prime targets for hackers to access information on your computer or smartphone. Although we didn’t register many cases of Android malware in India, comparing to some other countries, once Indian will start actively using their mobiles for online shopping, banking, etc. the picture will change immediately," says Pankaj Jain, Director at ESET India.

We have all experienced the joys and the benefits of free, public Wi-Fi, but unfortunately there are several drawbacks that come along with this convenient aid. On a public Wi-Fi connection, it is easy for someone to hack into your data. Many public Wi-Fi areas are not encrypted and are prime targets for hackers to access information on your computer or smartphone. If you are accessing any type of personal information such as your bank account, social network pages or even email accounts, be cautious. If possible, avoid any type of webpage or application that can identify you.

When it comes to your smartphone, it is better to be safe than sorry. It can be a tragic event to lose the data you have stored on your phone. And it can be even worse to have your data fall into the wrong hands. So be wise and protect your smartphone from virtual and physical threats.

Source: Media Mughals