Category: Apps

Mobile security on Android devices is facing another massive threat

Lookout has now uncovered a malware that pretends to be any of a range of very popular apps.

Lookout, a mobile security company based in San Francisco, has announced that it has discovered a new type of malware threat to devices running on the Android operating system.

This time, it is a form of malware that disguises itself as certain trusted and well-known applications.

Unfortunately, it actually opens the user up to a considerable mobile security risk as it exposes the device to root attacks. Moreover, once it has made its way into the gadget, it is nearly impossible to remove. Though this doesn’t affect people who download their applications from Google Play, it has been discovered in mobile apps that can be downloaded through third-party app stores. Among the titles the malware pretends to be includes: Facebook, Twitter, Candy Crush, Snapchat, WhatsApp and Google Now.

There were around 20,000 instances of this mobile security threat isolated by Lookout in its research.

Android Security Threat - Mobile SecurityAs the versions of these popular mobile apps that are infected by the malware have been discovered exclusively in third-party app stores, the firm has stated that people who download exclusively from Google Play can more than likely assume that they are free of this infection.

What makes this mobile malware even more challenging is that the majority of the infected applications still work in the exact same way as the legitimate versions. Therefore, it becomes exceptionally difficult – if not impossible –for a regular user to be able to detect the infected ones and therefore, to know which ones to uninstall. Moreover, when root access to a mobile device has been obtained by way of the malware, the app can automatically download and can fully intertwine itself into the operating system.

This makes it very difficult for an expert to delete it and essentially impossible for an untrained user to remove it. Once the infected app becomes activated, it pushes ads into the device of the user and poses a mobile security threat. Lookout explained that it continues to operate in the background and cannot be uninstalled by the majority of users, either forcing them to buy new devices or to have to take the gadgets to IT professionals to have the malware removed.

Mobile games are behind profit boost at Tencent

The company has reported that it has experienced a net profit increase of 32 percent during Q3.

Tencent Holdings Ltd has released its third quarter data and within it was a report that mobile games were a considerable driver of the 32 percent increase in net profits that occurred during that span of three months.

The reason these specific mobile apps received this credit is because of the growth and advertising they showed.

This underscored the resilience of Tencent despite the fact that the economy in its home country, China, has been slowing down. The powerful results played an integral role in assuaging some of the worries that had been expressed about the ever rising competition within the mobile games marketplace in the country. A spike in advertising revenue during that same quarter also looked promising to investors who were looking directly at mobile ads as an area in which Tencent had room for growth into the future.

More than half of the revenue that Tencent managed to bring in during Q3 was from mobile games.

 Mobile Games Profit Tencent is the largest social network in China as well as its biggest online games company. From the three months that closed on September 30, the net profit increased by $1.17 billion from having increased by $888.89 million during the same quarter the year before. Revenue for that quarter increased by 34 percent to 4.18 billion.

That occurred even though economic growth as a whole has been slowing down. Earlier in November, Chinese President Xi Jinping cautioned that the economy in the country was facing both global and domestic uncertainty. The president indicated that Beijing was able to withstand growth that was as low as 6.5 percent.

According to analysts, the economic fluctuations don’t usually cause too much of an impact on the demand by online gamers. Since Tencent has placed a considerable focus on mobile games, it means that it has become a company that is not as vulnerable to the directions of the economy as its competition. Tencent explained that the smartphone game app revenue it earned was $832.34 million, which was 60 percent higher than it had been in 2014. It was also 11 percent higher than it was during the second quarter.