I understand this is not directly related to the excellent work you all do here, but it is relevant and is also interesting to watch the development of these things.
Full Story @ The Register
SpeEye Man In The MObile (SPITMO) analysis @ Trusteer
Developers of the SpyEye banking trojan have started bundling it with malware for phones running Google's Android operating system to intercept text messages many financial institutions use to prevent fraud, researchers said.
The trojan known as Spitmo is SpyEye's first in-the-wild malware to target Android, Ayelet Heyman, a researcher for Trusteer, wrote in a blog post published Tuesday. It's offered to people already infected with the desktop version of SpyEye under the guise that Android phones must install security software to work with a bank's online services. The SMS messages of those who take the bait are then continuously intercepted and sent to a website under the control of the attackers.
Full Story @ The Register
SpeEye Man In The MObile (SPITMO) analysis @ Trusteer