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With more than three billion active Android phones, Google has a massive 70 per cent market share of the global mobile industry. However, it also has the huge responsibility of protecting the ecosystem from cybercriminals who prey on naive users. Over the years, search engine giant has scaled up the screening process and even formed collaboration--App Defense Alliance- with

An Android banking trojan that steals passwords is hidden in regularly used applications from the Google Play Store. According to investigations, it has already infected 300,000 users.

Android users downloaded malignant applications from the Google Play store that were designed to steal their banking details. The apps were downloaded 300,000 times.