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Once the virus open that port... it send the your IP address to the guy who sends you the virus. What IP address? If it sends let say my Intranet IP address that guy wont be able to reach my Pocket PC using that IP. If it's sends the IP address of my router he wont gain access to my intranet either unless he is a very good hacker. So FINITO.
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Disclaimer: I'm a sysadmin, and these are quick thoughts on threats I might have to defend against.
With a couple of modifications these limits can be circumvented. The trojan can establish an outbound TCP connection to an intermediate zombie machine(s) already under the control of an attacker. Perimeter security devices are frequently configured to permit any outbound traffic. Once a connection exists the attacker is in.
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How long do you browse using GPRS, well taking in consideration the GPRS price I wont say that long enough to gives that guy the chance to browse your whole PPC looking for good information to upload to his PC.
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So an attacker preloads a search algorithm for popular data targets. Offhand I think the default storage locations for id management & financial apps make good candidates. A user might notice after one billing cycle the extra data transfer. By then its too late.
How might I get a trojan onto a handheld? Compromised AvantGo channel? Some combination of exploits of desktop IE, allowing access to ActiveSync? Refer to the attacks against finance sites some weeks ago. Does Pocket IE enforce Security Zones? (I don't know.)
Why might I want to attack a handheld? If I catch a corporate machine, maybe I 'm lucky enough that the company uses Mobile Information Server (?) and syncs directly with their MS-Exchange store. Maybe someone just wants to be a PITA.
The value of a compromised handheld is the avenues it opens to mount an attack against other entities.
I don't believe it is only warez and P2P users who could get caught up in a horror story. If a firm is going to permit handhelds, and it should, then none of this should be a surprise, and products are available to deal with the threat.