“Today Robert Templeman at the Naval Surface Warfare Center in Crane, Indiana, and a few pals at Indiana University reveal an entirely new class of ‘visual malware’ capable of recording and reconstructing a user’s environment in 3D,” Technology Review reports. “This then allows the theft of virtual objects such as financial information, data on computer screens and identity-related information.”

“Templeman and co call their visual malware PlaceRaider and have created it as an app capable of running in the background of any smartphone using the Android 2.3 operating system,” TR reports. “”Their idea is that the malware would be embedded in a camera app that the user would download and run, a process that would give the malware the permissions it needs to take photos and send them.

Read more in the full article here.

MacDailyNews Take: Now, there’s a scary proof of concept!

[Thanks to MacDailyNews Reader “FTB” for the heads up.]