Friday, October 19, 2012

French hacker steals 500 000 Euros from Android users

The BBC is reporting that a French hacker has admitted to stealing approximately 500 000 Euros from unsuspecting Android smartphone users.

From the BBC

"A 20-year-old hacker has been arrested in northern France for spreading a virus via smartphone "apps" that defrauded thousands of victims.

Prosecutors say he stole tiny sums from 17,000 people, amassing about 500,000 euros (£405,000) since 2011.

Working from his parents' home in northern France, he snared victims with free downloads designed to look like original applications, they say."

Yikes! "open" for business

more here

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