Over 500,000 Android users have accidentally downloaded a piece of malware called SMSZombie, which is nearly impossible to uninstall and steals money from users via fraudulent SMS payments. SMSZombie, which infected users via the third-party Chinese GFan app market, hid within a series of otherwise-innocuous wallpaper apps. Researchers at security firm TrustGo who investigated the malware found out that it stole low amounts of money from victims on a large scale in order to replenish unknown online gaming accounts. Read the full story at Fast Company.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.