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Google Security Team Helped Russia Defeat Banking Fraud

Google Inc (NASDAQ:GOOG) disclosed at the Virus Bulletin conference in Prague on Thursday how Android's internal security task force checked rising mobile banking fraud in Russia, according to Quartz. Several Russian smartphone users were attacked by Trojan, a type of mobile banking malware, in the first quarter of the year.

Russia a soft target for mobile banking Trojans

Russia has been the target of 86% of mobile banking Trojans, according to a report from Kaspersky labs. The company formed a task force in January that countered an attack, says Google’s Sebastian Porst. Russia is regularly at the top of the list of countries with the most PHAs (potentially harmful apps)...