Android malware has been discovered that steals money by giving itself root access

A piece of Android malware has been discovered that steals money by giving itself root access then connecting to a botnet to make premium rate texts and calls.

The malware has been named RootSmart by the research team led by Xuxian Jiang, assistant professor of NC State University's department of computer science.

Hiding in an Android app named com.google.android.smart, which uses the default system settings icon, it waits for certain events like an outgoing call before setting to work.

It then connects to its command-and-control server and downloads the GingerBreak root exploit. That done, it automatically gains root access to the phone, allowing it to install additional apps which get to work making money via premium rate texts and calls.
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