Mobile malware will become profitable in 2012, PC attacks mirrored on the phone

Attacking smartphones with malware is to become a profitable business in 2012, according to a report by Lookout Mobile Security. Criminals took an estimated $1 million from Android owners this year, and the threat is only getting bigger.

“Bad guys will always follow the money, and with the meteoric growth of mobile devices there is more money to be made in mobile fraud than ever before,” the company said in a blog post.

It has … Continue Reading

Lookout Mobile Security finally launches iPhone security app

After two years of development, Lookout Mobile Security is launching a security app to protect iPhones. The app doesn’t protect against malware, since Apple has handled that task pretty well. But it does protect users from other bad things that can happen to their iPhones.

For instance, the app warns users when they are using unprotected WiFi wireless networks and instructs them not to send their usernames and passwords over the network while they’re on … Continue Reading

The chance that you’ll hit an unsafe mobile link in the course of a year: 30 percent.

Mobile phone malware is everywhere. Over the course of a year, any one consumer has a 30 percent chance of clicking on an unsafe link, such as a phishing attack, when they surf the web on a mobile phone, according to a new survey by Lookout Mobile Technology. That’s 2.5 times more likely than just six months ago.

The problem is that many users believe smartphones are relatively immune from malware, because they’re on closed … Continue Reading

Lookout Mobile Security launches mobile threat protection with Verizon Wireless

Lookout Mobile Security has unveiled a way for mobile users to get automated protection from malware. It is partnering with Verizon Wireless to deliver its Mobile Threat Network is Verizon Wireless, which will protect users of Verizon’s V Cast App Store.

Verizon clearly hopes to differentiate its app store by offering users more protection. The fact that this is necessary is also a tacit admission that mobile security threats are escalating in a big way.… Continue Reading