I saw this article today about a seriously malicious app that is in the market. After looking through he forums, the going concern is that spyware is not a problem. However, since there is little oversight in the market I think that apps like this are a serious problem. You all might disagree, but what are your thoughts and what is the best way to prevent something like this from happening to my phone.
Android wallpaper app that steals your data was downloaded by millions | VentureBeat
Android wallpaper app that steals your data was downloaded by millions | VentureBeat