500,000 devices in China infected by SMS payment malware

Smartphones are on the rise in China. With a billion mobile phones, a fast-growing proportion of which are smartphones, this mobile ecosystem is ripe for the picking for malicious hackers. According to an assessment from a security company, almost half a million smartphones in the country have been infected by an SMS payment malware coming from Android app marketplaces.Google Play is banned from within the so-called Great Firewall of China. As such, Chinese Android users would usually get apps

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