Don't bank on your phone to evade virus

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Ink

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Jan 8, 2011
22,490
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

Recommended read.
 

iPanik

New Member
Feb 28, 2011
530
Not fair!
Mobile banking was one of the main reasons i got my smartphone in the first place.
 
V

Vextor

I heard about this a few days ago. Soon malware will be on TV's, DS's, Games Consoles, maybe even your brain o_O
 

jamescv7

Level 85
Verified
Honorary Member
Mar 15, 2011
13,070
Well no surprise since it can be migrate to a new variant but different platforms however effects will same as the original one.
 
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