Engadget reported today that Yingmob, a Chinese advertising and analytics company, is responsible for infecting 10 million devices with the Android malware Hummingbad.
The report noted that once it successfully infects devices (giving it full administrative control), Hummingbad generates as much as $300,000 a month through fraudulent app installs and ad clicks.
In addition to its Hummingbad victims, Yingmob controls around 85 million devices globally, allowing the company to sell access to the infected devices, along with selling sensitive information it captures from the devices.
If you are a brand owner concerned about pirated apps stealing your IP and using it for nefarious purposes, especially in the rapidly growing Chinese marketplaces, let us know and we will provide you a free Brand Report. […]