Phishing Attack Launched from Android Market

iPhone owners will walk away snickering at this news post, as Internet security firm SophosLabs reports that banking malware has been spotted on Android Marketplace. This means that a malware writer successfully created and uploaded an app to the online store, had it approved, and was positioned to extract banking information from those who installed the app.

First Tech Credit Union originally reported on the phishing scheme back on December 22, saying that the developer--Droid09--has created a "shell" of mobile banking apps that attempts to gain financial information from consumers. "Droid09 launched this phishing attack from the Android Marketplace and it’s since been removed. It’s called phishing because scammers go fishing for information about you or your financial account that may be used for identity theft."