With mobile malware doubling year after year, NQ Mobile released new data and background information outlining the current threat landscape and projecting trends for the immediate future. Revealing details on infection rates and strains found around the world, the information demonstrates how such threats put sensitive data and bank accounts at risk. Key statistics for 1H 2014 include: Ransomware hits mobile users NQ Mobile discovered the first new mobile malware strain to use file encryption ransomware for its attack. Dubbed "Simpelocker," this Trojan was packaged with genuine Android apps and would infect the devices of unsuspecting users who unknowingly downloaded the APK file from apps in third-party markets. Once installed, the app would request permissions to perform a variety of actions like writing to external storage devices.