Hope this has not been posted already:
Source: The Mother Of All Android Malware Has Arrived: Stolen Apps Released To The Market That Root Your Phone, Steal Your Data, And Open Backdoor | Android News, Reviews, Apps, Games, Phones, Tablets, Tips, Mods, Videos, Tutorials - Android PoliceI asked our resident hacker to take a look at the code himself, and he’s verified it does indeed root the user’s device via rageagainstthecage or exploid. But that’s just the tip of the iceberg: it does more than just yank IMEI and IMSI. There’s another APK hidden inside the code, and it steals nearly everything it can: product ID, model, partner (provider?), language, country, and userID. But that’s all child’s play; the true pièce de résistance is that it has the ability to download more code. In other words, there’s no way to know what the app does after it’s installed, and the possibilities are nearly endless.
To date, more than 50 applications have been found to be infected with DroidDream.