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According to a post on Mashable, IT
This advanced piece of
Known to security experts as "Backdoor.AndroidOS.Obad.a," this trojan is so incredibly powerful because it tricks users into giving it administrator privileges. It then uses a previously-undiscovered Android security exploit to hide itself from the list of running applications, making it difficult to track down.
According to a post by Roman Unuchek on Securelist, the trojan has been distributed via text message spam. To protect yourself, avoid installing applications from links sent to your phone. Only use Google's official Google Play app store.