US IT security software specialist Kaspersky Lab has announced the discovery of what it says is the first Trojan virus designed to run on the Google-backed Android operating system. Once active, the virus begins to send SMS messages to premium rate numbers, with the charges passed back to the user.
A study published this week by F-Secure has found that 99 per cent of mobile security threats that emerged in the first quarter of the year are targeted towards the Android platform.
Mobile and NFC payment technologies have been on the rise in recent years. But with many merchants and retail outlets still reluctant to invest in the new technologies, and with the rise of fraud in existing solutions, industry participants are divided over how and whether the technology will ever gain widespread acceptance in developed markets.
The Symbian Foundation has been left with egg on its face after accidentally sanctioning what experts are calling the first text message worm in history.