New Android Bug Allows Hackers To Make Unauthorized Calls

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Mark Melin
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A virus discovered late last year allows hackers to take over an Android phone, initiate unauthorized phone calls, disrupt ongoing calls and infiltrate other secure areas of the cell phone to take other rogue actions. Android bug reported to Google According to a report in ComputerWorld the vulnerability was discovered and subsequently reported to Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) by researchers from Berlin-based security consultancy firm Curesec.  The researchers believe the virus was first introduced in Android version 4.1 and also goes by the name “Jelly Bean.” A patch for the virus has been fixed in Android 4.4.4, released on June…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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