100% of Top Paid Android Apps Have Been Hacked

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Jack

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Jan 24, 2011
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Word that mobile malware is rather pervasive has been making the rounds for months, but a new report has found that a shocking 100% of the Top 100 paid Android apps and 56% of the Top 100 paid Apple iOS apps have been hacked. Averaged together, users have a 78% chance of running into an app that has been compromised at some point.
Arxan Technologies performed an analysis to arrive at the results, and found “cracked” mobile apps to be widespread as even more companies move toward app-centric innovation and more employees leverage mobile technology, highlighting the potential for the usual miserable results of hacking: revenue loss, unauthorized access to critical data, intellectual property (IP) theft, fraud, altered user experience and brand erosion.

“The widespread use of cracked apps represents a real and present danger given the explosion of smartphone and tablet use in the workplace and home,” said Kevin Morgan, CTO at Arxan, in a statement. “Not only is IP theft costing software stakeholders millions of dollars every year, but unprotected apps are vulnerable to tampering: either through installed malware or through decompiling and reverse engineering – enabling hackers to analyze code and target core security or business logic that is protecting or enabling access to sensitive corporate data.”


Read more: http://www.infosecurity-magazine.com/view/36111/100-of-top-paid-android-apps-have-been-hacked/
 
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woomera

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Jan 15, 2012
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this is been long known on windows platform but never any news of android apps. well the price to pay for using cracked apps, right!?
 
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