Webroot researchers have recently spotted an app that supposedly shows users aggregated 2012 Olympics news, but also harvests their contacts list, reads their text messages, and collects information about the device's ID and location.
The app is called “London Olympics Widget”, and has a digital certificate claiming it was developed in New Delhi, India, making it pretty obvious that it's not the official London 2012 mobile app.
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Read more:
http://www.net-security.org/malware_news.php?id=2208