Category Archives: oud

Viking Horde Malware Zombifies Phones Via Google Play: Check Point

The Walking Dead trope has nothing on the Viking Horde. On May 5, No. 1 cybersecurity firm Check Point Software Technology ( CHKP ) notified Alphabet ( GOOGL )-owned Google Play of an Android malware campaign that could affect 50,000 to 100,000 smartphones, researcher Jeff Zacuto told IBD on Tuesday. Coined Viking Horde, the malware stems from downloads of five Google Play apps — Viking Jump, Memory Booster, Parrot Copter, Simple 2048 and Wi-Fi Plus — uploaded to Google Play between March 29 and April 15. Late Tuesday, Memory Booster still turned up on a search of Google Play. Google didn’t respond to a request for more information. Together, the five malware-riddled apps have been downloaded 50,000 to 100,000 times, Zacuto said. The Viking Horde malware is completely transparent to the user, but adds the device to a growing botnet programmed to simulate ad clicks for revenue. “It just appears to be a harmless game on your device, but what was actually happening in the background was the malicious code was turning the devices into zombies,” he said. “It made them part of a botnet.” A botnet, or a zombie army of computers, is programmed to transmit data without a user’s knowledge. On a grand scheme, botnet campaigns are far more common to PCs, Zacuto said. The Viking Horde botnet takes advantage of clicks-for-revenue advertising. “I (a website owner) contact one of these groups and say, ‘Hey, could you do me a favor to do some fake ad-clicking for me and in exchange I’ll give you some of the revenue?’ ” Zacuto said. The majority of the downloads (44%) were out of Russia. Of the remainder, 10% were in Lebanon, and the U.S. and Mexico each accounted for 8% of the downloads. But there’s no way to quantify the number of infected devices. Beyond ad fraud, the Viking Horde malware is persistent, Zacuto said. Out of the box, most phones are unrooted, meaning the user can delete the infected app. But on rooted phones — where a user has more control — the malware installs additional components using sneaky names. “It will install components that have names that look like they’re supposed to be there,” he said. “On a rooted device, it can also install additional components that say, ‘Someone is trying to remove this app, let them remove it, but once that’s done reinstall it.’ ” Oftentimes, the app (and malware) will reinstall in a hidden place. Typical mobile anti-virus won’t detect the malware, Zacuto said. And most users won’t note the malware unless they recognize suspicious activity, such as the app’s request for access to root permissions. Furthermore, it can install a program that automatically downloads any malware updates to the app, leaving the door open for additional fraud, Zacuto said. On a rooted device, that means a user either has to buy an entirely new smartphone or perform a hard reset. “On the rooted device since you’ve opened up the ability to do anything on the device, you’re also giving the attacker the ability to do that as well,” he said. “They can steal information from your device, they can jam your data traffic, they can turn on the camera, the microphone.” He added: “They really have the ability to do anything they like.”

Medical Products Stocks Awake; Edwards, Cambrex, Zimmer Among Them

As a group, the medical products companies have been trading sideways for months, perhaps basing after a long advance. But some stocks in the group look ready to assume leadership if the market can find a way to sustain a rally. The group was ranked No. 44 as of Monday, up from No. 104 six weeks ago. Ten of the 120 stocks in the group have Composite Ratings of 95 or higher. Every bull market seems to include leadership from stocks in the medical sector. The sector is driven by technological advances and an aging population that needs more care. The companies that come out with a groundbreaking drug or device are the ones that soar. One of the stars of the group is Edwards Lifesciences ( EW ), with a Composite Rating of 99. The company specializes in the areas of heart disease and critical care monitoring. On April 4, the stock gapped up and closed 16.9% higher after Edwards announced that tests of a device used in heart surgery, its Sapien 3 valve, showed better results with lower mortality rates and fewer strokes. Year-over-year earnings growth has been 25% or higher in four of the last five quarters. And growth is steady and expected to remain so. The five-year annualized EPS growth rate is 21%, while analysts forecast 20% growth this year and 19% next year. Cambrex ( CBM ) is another stock in the group with a 99 Composite Rating. The stock broke out of a cup-with-handle base with a 47.03 buy point after reporting better-than-expected earnings April 29. The stock remains in buy range. With six manufacturing facilities in the U.S., Europe and India, Cambrex makes active pharmaceutical ingredients for drugs. Nearly two-thirds of 2015 sales came from development of new ingredients for drug companies. The catalyst for the breakout was an earnings report. EPS was 50 cents, blowing away estimates of 34 cents and boosting profits 72% from a year earlier. Zimmer Biomet ( ZBH ) has set up in a cup-with-handle base with a 117.87 buy point. It’s a long base — 63 weeks so far — but unlike many bases these days that have corrected 40% to 50%, it managed to correct a reasonable 28%. Zimmer makes dental and orthopedic implants. A quarter of its business is hip implants, 36% is knees, and 21% relates to surgical, sports medicine, extremities and trauma cases. It’s a company that’s benefiting from an aging population. In an investor presentation, it noted that the global population over 65 years old will grow from 7.6% in 2010 to 16.2% in 2050.

Amazon Hits New High As Market Cap Nears $332 Billion

Amazon.com ( AMZN ) stock hit a record high of 704.55 Tuesday, passing its previous high of 696.44 set on Dec. 29 and giving the e-commerce giant a market valuation near $332 billion. The stock ended the regular trading session up 3.4% to 703.07 on the stock market today . Amazon has gained 62% in the past year. The jump comes as Sanford Bernstein analyst Carlos Kirjner raised his price target on Amazon to a whopping 1,000, which is 47% above its close of 679.75 on Monday. IBD’s Take: How healthy is Amazon’s stock and how does it compare to rivals? Find out at IBD Stock Checkup “We think Amazon’s businesses are now so large, fast-growing, and profitable that it is harder and harder for the company to find new areas of investment to keep up with the growth in gross profits,” Kirjner wrote in the report, according to a report from Bloomberg . Among areas of investment and growth is Amazon Web Services, its cloud computing unit that’s on pace to reach $12.5 billion in revenue this year. And thanks to its early entry in the business, AWS is now the leader in cloud computing, with a market share of 31%. The next closest competitor is Microsoft ( MSFT ) with 9%, followed by IBM ( IBM ) and Alphabet ‘s ( GOOGL ) Google Cloud. Among analysts polled by Thomson Reuters, 11 have a strong buy rating on Amazon, 28 say buy and 4 say hold. The move up in Amazon comes as the company on Tuesday announced a new platform on its streaming video service that goes head-to-head with Alphabet-owned YouTube. The new platform, called Amazon Video Direct , lets anyone upload clips or their own licensed videos. Alphabet, which hit an all-time high of 810.35 on Feb. 5, rose 1.4% to 739.38 on Tuesday.  Alphabet posted its fifth straight gain, but it is still below its 50-day moving average.