This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Mobile Malware Up 163% In 2012, Getting Even Smarter In 2013, According To NQ Mobile

DALLAS and BEIJING, April 15, 2013 /PRNewswire/ -- According to a new security report released today by NQ Mobile Inc. (NYSE: NQ), a leading global provider of mobile Internet services, mobile malware threats increased 163% to more than 65,000 in 2012. The company warns, however, that the problem is becoming more complex as smarter mobile malware can better target connected devices.

(Logo:  http://photos.prnewswire.com/prnh/20121224/CN34262LOGO )

Malware Grows and Becomes SmarterNearly 95 percent of all mobile malware discovered in 2012 targeted the Android OS. The top three methods for delivering malware in 2012 were app repackaging 1, malicious URLs 2, and smishing 3.  NQ Mobile estimates that these forms of malware helped infect an estimated 32.8 million Android devices in 2012 -- an increase of over 200 percent from 2011.

In the first quarter of 2013 mobile malware threats continued to grow and have become smarter. In February of this year, a new type of mobile malware was discovered that could jump from an Android device to infect a PC when they were connected via the USB port. Although only a few Android devices were infected, this attack illustrates the growing need to keep private data secure in an increasingly interconnected device ecosystem.

Mobile Hackers Sell Private Information to CybercriminalsNQ Mobile Security Labs, a team of over 250 mobile security professionals around the world who proactively monitor the mobile landscape for new malware threats and mobile hacking methods, have been also been observing increased collaboration between mobile hackers and cybercriminals. These unlawful collaborations can have disastrous effects on consumers.  Mobile hackers are using malware to capture consumers' private information and then selling this information to cybercriminals who are in turn using social engineering tactics to gain access to the consumers' finances.

"The security industry's 'discover-first-and-inoculate-second' strategy is no longer enough," said Omar Khan, Co-CEO, NQ Mobile. "We need smarter systems that can discover threats before they infect consumers as well as more education so consumers can better spot and avoid these new mobile scams."

Key Findings

  • Over 32.8 million Android devices were infected in 2012 vs. 10.8 million in 2011 – an increase of over 200 percent
  • The top five markets for infected mobile devices were China (25.5%), India (19.4%), Russia (17.9%), United States (9.8%) and Saudi Arabia (9.6%)
  • 65% of malware discovered in 2012 falls into a broader category of Potentially Unwanted Programs (or PUPs). PUPs include root exploits, spyware, pervasive adware and Trojans (surveillance hacks)
  • 28% of mobile malware discovered in 2012 was designed to collect and profit from a user's personal data
  • 7% of malware was simply designed to make a user's device stop working (i.e., "bricking" their phones)
  • Looking ahead, NQ Mobile estimated that over 10 million devices have already been infected in the first quarter of 2013

Research MethodologyNQ Mobile's 2012 Security Report is based on insights from NQ Mobile's Security Labs, as well as data collected from NQ Mobile's global malware database, scanning engines and its network of hundreds of millions of registered users.

To view a full copy of NQ Mobile's 2012 and 1Q 2013 Mobile Security Reports, including charts and additional information on malware discoveries, please visit NQ Mobile's blog at: http://www.nq.com/2012_NQ_Mobile_Security_Report.pdf http://www.nq.com/Q1_2013_NQ_Security_Dashboard.pdf

App repackaging: Concealing malicious malware in a seemingly legitimate app 2 Malicious URLs: Fake URLs masquerading as legitimate URLs such as, banking websites 3 Smishing: Phishing by way of SMS messages

About NQ MobileNQ Mobile Inc. (NYSE:  NQ) is a leading global provider of mobile Internet services.  NQ Mobile is a mobile security pioneer with proven competency to acquire, engage, and monetize customers globally.  NQ Mobile's portfolio includes mobile security and mobile games & advertising for the consumer market and consulting, mobile platforms and mobility services for the enterprise market.  As of December 31, 2012, NQ Mobile maintains a large, global user base of 283 million registered user accounts and 98 million monthly active user accounts through its consumer mobile security business, 65 million registered user accounts and 13 million monthly active user accounts through its mobile games & advertising business and over 1,200 enterprise customers.  NQ Mobile maintains dual headquarters in Dallas, Texas, USA and Beijing, China. For more information on NQ Mobile, please visit  http://www.nq.com

Investors contact NQ Mobile+86 13693066011 investors@nq.com



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,981.28 -102.52 -0.60%
S&P 500 1,980.45 -7.53 -0.38%
NASDAQ 4,448.2070 -23.9010 -0.53%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs