Security experts warn the malware Zeus is making its way in handphones in a mobile version dubbed Zitmo
LONDON - No one knows who lies behind Zeus, the notorious malware. Security experts believe he or she is Russian, but no one is completely sure. But what they all agree is that Zeus is the most pernicious "trojan horse" - a destructive program disguised as an application - on the internet. During the last four years it has infected millions of PCs, taking control of the computer and stealing personal banking details.
Zeus may be one of the most difficult types of malware to detect - but the great fear among cybercrime experts is no longer your home computer. A new strain of Zeus, dubbed "Zitmo" (it stands for "Zeus in the mobile") has begun to exploit a huge hole in personal banking security: The smartphone.
This malicious new version of Zeus has sparked intense concern among security companies. The chief executive of Trusteer, Mr Mickey Boodaei, said in a blog: "Bad news: Fraudsters have all the tools they need to effectively turn mobile malware into the biggest customer security problem we've ever seen."
Source: TODAYonline
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