Don't bank on your phone – it could be hacked by Zeus 'trojan horse' | Money | The Guardian

Don't bank on your phone – it could be hacked by Zeus 'trojan horse' | Money | The Guardian

No one knows who lies behind Zeus. Security experts believe he or she is Russian, but no one is completely sure. But what they all agree is that Zeus is the most pernicious "trojan horse" – a destructive program disguised as an application – on the internet. During the last four years it has infected millions of PCs, taking control of the computer and stealing personal banking details.

Microsoft has fought a running battle against Zeus, which is one of the most difficult types of malware to detect – but the great fear among cybercrime experts is no longer your home computer. A new strain of Zeus, dubbed "Zitmo" (it stands for "Zeus in the mobile") has begun to exploit a huge hole in personal banking security: the smartphone in your pocket.