On August 21, a pump and dump penny stock scam targeting US users, and spread using WhatsApp, drove the share price of Avra Inc, a digital currency company, by 640% from its opening price of $0.17 to its peak of $1.26.
Pop-up ads targeting mobile device users are, arguably, one of the most annoying things in existence.
US networking technology company Ubiquiti Networks has been swindled by fraudsters and has lost nearly $47 million.
Elastica discovered a new Google Drive-based advanced phishing campaign initiated by unknown attackers.
Of the $20 billion projected to be spent by advertisers on mobile advertising in 2015, $1 billion will effectively be lost due to in-app ad fraud, warns ad fraud detection and prevention company Forensiq.
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