The US has one of the lowest mobile device threat rates in the world, but that is still a rather disturbing 1.7% chance in every 7 day period. So, the risk is not inconsequential. Android phones are probably more vulnerable than Apple phones. The established virus security industry has been slow to react to protecting mobile devices. But an upstart has come on the scene. I have Blogged about this company before “Lookout”. A new story about the company in Fortune Magazine alerts me to both the company as a potential investment and as an APP that is sensible and doesn’t scare you (in order to sell you more services). See Oct 28 issue of Fortune. Story is not free to read on-line.
https://www.lookout.com/ “For the Post-PC Era” What a great tag line.
The risk in Germany to have your mobile device hacked is 4 X more than the US. Thus Germany's government and corporations are very interested in this software. The Lookout website says their software (installed
as an APP on your phone) has now scanned 4.8 million APP’s … to ensure they are
clean, and won’t harm your device.
Company is not yet public, but is backed by hugely influential private
investors. The founder was playing in
the stock market in the 4th. grade. He is one of the most astute
young entrepreneurs around – according to venture capital decision makers. He is now 36 but founded the company when he
was 30.
With the potential demand, world wide, I would say this company could have a very big future, or will get acquired by a larger entity. Unfortunately I don't see a way for outsiders to buy any stock.
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