Hi All,

More than 1 million cell phone users in China has been infected with a virus
that automatically sends text messages, and the attack is costing users a
combined 2 million yuan ($300,000 U.S.) per day.

According to Shanghai Daily, "the 'zombie' virus, hidden in a bogus
antivirus application, can send the phone user's SIM card information to
hackers, who then remotely control the phone to send URL links."

Some of the dispatched text messages contain links to more viruses. Click
the link, and your phone could likewise be infected. Other text messages get
automatically dispatched to premium-rate phone numbers, generating profits
for the attackers while draining subscribers' accounts.

Mobile security expert Zou Shihong at Beijing University Posts and
Telecommunications likened the new attack to a pyramid scheme, since by
texting everyone in an infected user's address book, the malicious code has
the potential to spread exponentially.

According to Zhou Yonglin, an official with China's National Computer
Network Emergency Response Team, about 1 million cell phones had been
infected since the beginning of September, and mobile operators were having
difficulty eradicating the malicious application, owing to the breakneck
pace of new variations appearing.

The cell phone virus attack mirrors the Troj/SymbSms-A malware seen earlier
this year, which infects Symbian phones. That particular attack targeted
Russian cell phone subscribers, infecting their phones with a virus that
automatically texted premium-rate Russian phone numbers.

Expect an increase in the number of viruses that target cell phones for
profit, according to a recent analysis of mobile device security trends from
security vendor Imperva. "We expect exponential growth in the number of
incidents related to mobile devices in the next few years... from theft or
compromise of information in these devices, through massive infection
campaigns, and up to frequent [exploits] of the vulnerabilities introduced
into the server side."


BY TECHWEBNEWS.COM

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