Re: So let me get this straight...
This is doing nothing that the user didn't permit.
It can download and execute a module, but only within it's own security model, and it can only access call history, camera, audio etc, if the user has granted access for it to.
So what exactly is wrong with this app? Essentially nothing, it's doing things you granted it to do.
What is actually happening here, is The Register are giving free advertising to Lookout. The real agenda is here on a single line on their "article".
"All Lookout customers are protected from this threat."
Yep, scareware is alive and well. I suggest Lookout are as scummy as the writers of these apps, for cashing in on gullible people.