New Malware that targets Google's app store Google Play is believe to have infected more than 300,000 gadgets according to a blog post by Pandalabs.
On their blog post it said the malware will acquire the phone number of the device without the user knowledge, it will then go to a website and will register it to a premium SMS service. The premium service will ask for a confirmation so that it can be activated meaning it will send a text message to that number with a PIN code, which needed to be sent back to active the service and start charging you money. The app will snatch the PIN code and confirm the services for the user.
On their blog post they have cited one case of this kind of malicious apps.
The security company advised users to make sure to read the permissions needed to install every application, and if it asks to read SMS and connect to the Internet but such connection is not really needed, do not install it.
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