Android malware encounters surged in 2014, up by 75 percent, report says

Although many U.S.-based security professionals and mobile device users might have once believed their devices were safe from malware, new research suggests that in 2014, Android mobile malware proliferated with encounter rates increasing by 75 percent over 2013.

Mobile security company Lookout released its annual Mobile Threat Report on Thursday, which detailed threats both enterprises and individual mobile users came across this past year. Approximately 6.4 million Android devices were exposed to mobile malware in the U.S. this year, or seven percent of devices.

Most threatening to enterprises was the “NotCompatible” trojan, which could allow attackers to compromise secure corporate networks.

The trojan has been around since May 2012, Jeremy Linden, senior security product manager, Lookout, explained in a Wednesday interview with SCMagazine.com. But only in 2014 did it really start gaining traction as a major threat.

“They (the trojan’s creators) really rebuilt this whole software under the hood in late 2013 into late 2014,” he said. “They started incorporating features like peer-to-peer communication. We also saw a large increase in the detections of NotCompatible and saw it pushed out on a campaign-based basis.”

Read the Full Article: Source – SC Magazine
http://www.scmagazine.com/lookout-releases-2014-mobile-threat-report/article/392814/

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