Ransomware attacks against Android devices jumped 75% in 2014

Malware threats continued to grow in 2014, and cybercriminals are working on developing new generations of mobile malware, according to Lookout Security. The company noted a whopping 75 percent jump in Android-based malware threats throughout the year, with criminals shifting focus from SMS scams to new ways to compromise users.

Cybercriminals have found ransomware, though harder to compromise victims, proves more valuable when it comes to return on investment (ROI). End users and business employees are desperate to regain access to compromised devices, so they are more likely to pay a ransom immediately.

Cybersecurity experts recommend mobile users install anti-virus and anti-malware software on their smartphones and tablets, along with being cautious when clicking links and installing apps from unknown sources.