Cyber-thieves who target mobile phones are ramping up efforts to steal cash from victims, suggests a report.

In nine months viruses that steal cash have jumped from 29% of mobile malware to 62%, found the report by Lookout.

Mobile security firm Lookout said the growth was down to phone fraudsters industrialising their scams.

Viruses were getting on to phones via booby-trapped apps and through adverts and webpages harbouring malware, it said.

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