Attackers have infected over 1 million cell phones in China with a malware virus. The virus sends out text messages automatically. When the malware infects the phones, it sends out information about the infected device SIM cards to the attackers. With the SIM information, the hacker can remotely send messages from the infected mobile phones.
The criminal behind this virus appear to be using this as way to make money because the phones are texting premium-rate numbers.
The virus spreads by texting everyone in the user’s phone book. So far it has been estimates that this virus has cost users over €220,000 Euro