tech:

taffy

Lookout Finds BadNews Malware In Android

Lookout

San Francisco-based mobile security company Lookout has discovered a new malware family, BadNews, in 32 apps across four different developer accounts in Google Play. Affected applications have been downloaded between 2 million to 9 million times, says Lookout.

BadNews masquerades as an innocent, if somewhat aggressive advertising network. Badnews has the ability to send fake news messages, prompt users to install applications and sends sensitive information such as the phone number and device ID to its Command and Control (C&C) server. BadNews uses its ability to display fake news messages in order to push out other types of monetization malware and promote affiliated apps.

About 50% of the identified applications are in Russian and BadNews pushing AlphaSMS. AlphaSMS, a SMS fraud malware, is designed to commit SMS fraud in the Russian Federation and neighboring countries such as the Ukraine, Belarus, Armenia and Kazakhstan. In addition, found BadNews is promoting other less popular affiliated apps, including a Russian diet app which also contained the BadNews.

Lookout has identified three command and control servers, one in Russia, one in the Ukraine, and one in Germany. All C&C servers are currently live but Lookout is working to bring them down, says the company.

[Image courtesy: Lookout]

Just in

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services. 

Intel appoints Kevin O’Buckley as SVP and GM of Foundry Services

Intel announced the appointment of Kevin O'Buckley as senior vice president and general manager of Foundry Services, the customer service and ecosystem operations division of Intel Foundry.