HELSINKI, Finland — F-Secure Corp. said it is seeing record amounts of malware and the emergence of a new threat–mobile devices being taken "hostage."

The anti-virus specialist (www.f-secure.com) said in its quarterly report that its labs are receiving an average of 25,000 viruses and Trojans a day and that at this pace, the total will pass the 1 million mark by the end of the year.

The company also said that it is seeing reports out of China of the first "mobile ransom Trojans," which disable the handheld device and send a message offering to restore everything back to normal for about $7 paid through an online payment system.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.