$1 million nicked from Android users in 2011

 million nicked from Android users in 2011Mobile security guys Lookout have published a spanking new report titled 2012 Mobile Threat Predictions. That’s 2012AD as opposed to 2,012 individual threat predictions. That’d just be silly.

Lookout reckons a total of one million dollars was siphoned from Android users in 2011, and – unsurprisingly – the situation is only expected to get worse next year.

That figure comes via data pulled from one million apps and 15 million handsets across the globe. Lookout estimates that the likelihood of encountering malware has risen significantly to 4% from 1% at the beginning of the year.

Meanwhile, the chance of clicking on a dodgy link in 2011 is estimated at 36%, but for some reason those cheeky Yanks are at more risk on 40%.

“2011 was a watershed year in terms of the types threats we saw emerging. Threats had greater sophistication and were deployed using more innovative and efficient distribution methods,” said Kevin Mahaffey, Lookout’s co-founder and chief technology officer.

“In 2012, we expect to see the mobile malware business turn profitable. What took 15 years on the PC platform has only taken the mobile ecosystem two years.”

via: Lookout Press Release

Read more about: Android

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7 comments

OFI  Dec. 15, 2011 at 10:15

I don't use dollars. Risk free Android ownership ftw.

jmarcelino  Dec. 15, 2011 at 11:14

As the report says the million dollars comes from unauthorised premium rate calls and texts, so it doesn't matter that you don't use dollars.

"Mobile Pickpocketing (SMS/call fraud). In 2012, Malware writers will continue to steal money directly from consumers by accessing their mobile devices’ ability to charge phone bills via SMS billing and phone calls."

mrew42  Dec. 15, 2011 at 12:08

HUMOUR!!
Falls deaf on some ears :)

matt101101 / MOD  Dec. 15, 2011 at 12:16

mrew, too true mate, too true :p!

MDrX  Dec. 15, 2011 at 12:39

"In 2012, we expect to see the mobile malware business turn profitable. What took 15 years on the PC platform has only taken the mobile ecosystem two years."

God bless Android.

matt101101 / MOD  Dec. 15, 2011 at 13:14

All comments from a mobile security firm, who's profits are made from mobile security apps....biased much? There's two sides to every story and all that.

Rubisco  Dec. 15, 2011 at 18:03

$1 million? About half a cent per Android user then, what an epidemic!

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