A study by concealed cyber security solution company has exposed a mobile malware aiming at the WAP billing payment technique, robbing money via the mobile accounts of the victims without their awareness.
“WAP billing can be specifically defenseless to the so-called click jacking since it has a single-click feature that needs no authorization of the user. Our study recommends attacks of WAP billing are on the verge of increment. Attacks form Xafecopy aimed nations where this transaction method is accepted. The malware has also been recognized with various alterations, such as the capability to text messages to Premium-rate phone numbers from a mobile device, and to erase receiving text messages to conceal alerts from mobile network providers about robbed money,” clarifies senior malware analyst at Kaspersky lab, Roman Unuchek, to the media in an interview.
Xafecopy has strike over 4,800 people in 47 nations within a month, with 1,800 (almost 37.5%) of the attacks blocked and detected aiming India, followed by Turkey, Russia, and Mexico. “Android consumers require to be very careful in how they install apps. It is best not to believe 3rd-party apps, and whatsoever apps people do install must be scanned locally with the utility of verify apps. But further than that, android consumers must be operating a mobile safety suite on their handsets “, claimed the managing director of the cyber security company for South Asia, Altaf Halde, to the media.