July 23, 2012 – 5% of Free Apps Use Ads That Can Take Over Your Phone and Pilfer Your Contact Info: Study Read, Mobile & Apps

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It appears the saying “there’s no such thing as a free lunch”, which warns us that things which appear to be free usually come with strings attached, can now be applied to free apps as well; in 5% of those apps at least, and the number is rising according to a recent study by Lookout, a mobile security firm.