Chinese Mobile App Lets Anyone Develop Android RansomwaresteemCreated with Sketch.

in #finanace7 years ago

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Android users have faced many different security challenges over the past few years. It is evident that the platform is susceptible to many malware and spyware attacks. A new Chinese mobile application now allows anyone to create Android ransomware as they see fit.

The fact that this can be done from a mobile device heralds a new era of malware development. Obviously, this does not bode well for anyone who comes in contact with the Android ecosystem on a regular basis.

One has to applaud the ingenious effort demonstrated by malware developers to ensure ransomware remains one of the bigger threats to date.

Although other criminal ventures may yet prove more lucrative over time, there is no reason to believe the ransomware industry will be going away anytime soon. In fact, more developers have been focusing their attention on mobile devices lately.

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