Last November Kaspersky security researcher Denis discovered a SMS trojan that target users from a number of European countries and Canada.This app turned up to be an SMS Trojan which sends 4 SMS messages to premium rate numbers. Read the November Report>>
The two men (a "brain" and a technician) have developed malicious software that "usurping the name of legitimate software." Once installed on a smartphone, it was sending premium SMS (at 4.5 euros) without the knowledge of its owner. In return, he received micro-payment codes that hackers intercepted and recovered for personal gain.
According to the L’Informaticien report, The malware dubbed as Foncy , have traped more than 2000 victims since its release in summer 2011. French authorities estimated that the total damage of this malware amounted to 100,000 euros, with an average of 20 to 30 euros per person.
A judicial inquiry was opened by the prosecutor of Bobigny, with indictments for organized fraud and possession of a malware for suspects.
