E-mail from a colleague:
So, within minutes of one another:
"Mobile and banking fit together like chocolate and peanut butter," says Jim Pitts, project manager of the Financial Services Technology Consortium, the technology solutions division within The Financial Services Roundtable.
[ ... ]
"[ ... ] Before their removal, the apps garnered between 50,000 and 200,000 downloads. The apps caused the phone to perform functions without the owner's consent. The Trojan embedded in them used a root exploit to access all of the phone's data and download malicious code.
The publisher has been removed from the Android Market completely, and its apps reportedly have been deleted from phones, but this won't remove code that has been back-doored into a phone's program. Google reportedly is working on that problem.
[ ... ]
Awesome. We are going to bet our financial future on a rootable platform. I wonder how that will turn out.
I’m feeling déjà vu.