Top 5 Mobile Security Threats 2013

Today I will expand further on Security threat for specifically mobile devices using Andriod's Operating System.

A quick refresher from my last blog where I discussed the most likely security threats for anybody using a mobile device (Smartphone or Tablet)

- Toll Fraud
- Ransomware
- Bring Your Own Devices (BYOD)
- "Drive-by Exploits"
- Mobile Payments via NFC

TOLL FRAUD:
(SMS Text)  Everybody with a mobile or smartphone receives txt message like "Text 3030 to get your daily weather forecast on your phone" you want it? You text back the number and you receive your daily weather forecast.
This is called PREMIUM SMS as in this figure >>>>>>






Toll Fraud occurs as displayed in the below graph. It is successfull and it happens to more and more users

1. A customer downloads an app that sends out an SMS message to that same ringtone provider.
2. The ringtone provider sends the confirmation message, but instead of reaching the smartphone owner, the malware blocks and confirms the text message before the user ever knows.
3. The malware writers further jumps in between the wireless carrier and the ringtone provider, pretending to be an aggregator, and collects the money you just paid through your bill. 

Ransomware:

What is Ransomware? Ransomware traditionally would infect PC's (via a trojan) and demand a ransom to unlock.  For Hackers it is a proven business model on pc's and now has set its sights on Mobile Devices Users.