Chinese Hackers Steal $300K Per Month With Android Malware

The folks over at security researcher Check Point say they were able to infiltrate a China-based cybercrime ring, and their findings might surprise you.

Check Point researchers gained access to Yingmob, a China-based group of cyber criminals that use malware known as HummingBad to target Android-based devices. Over a five-month period, the researchers discovered that Yingmob compromised 10 million Android devices and generated a whopping $300,000 per month in “fraudulent ad revenue” from those products.