Malware that attacks mobile phones and other handheld devices has been the Next Big Threat for most of the last decade. And much like the Year of PKI, it’s never really materialized. Security experts have postulated that this is mainly because there’s not enough valuable data on these devices to attract the money-motivated attackers. But a new paper, “Understanding the Spreading Patterns of Mobile Phone Viruses,” from a group of scientists shows that the barriers are more likely market saturation and geography.

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