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 technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.