Anti-fraud platform Secure-D has released a report highlighting the mobile malware pandemic that developing markets are suffering.

The report is based on Secure-D’s processing of one billion mobile transactions and service sign-ups for 35 mobile operators in 23 emerging markets, helping to protect a total of almost 840 million users.  

Secure-D detected 46,000 malicious apps; with around one in six (16%) mobile devices in emerging markets carrying at least...