This detection from the F-Secure Security Cloud indicates the presence of characteristics or behavior that matches a known Riskware program - Riskware:Android/SmsReg.
Riskware:Android/SmsReg is typically marketed as a utility program (for example, it may claim to help maximizes a device’s battery usage). The application will however also silently collect data from the device without the user's knowledge or consent.
More information on the scanning and removal options available in your F-Secure product can be found in the Help Center.
You may also refer to the Knowledge Base on the F-Secure Community site for more assistance.
Most variants in the Riskware:Android/SmsReg family are similar to the first variant, SmsReg.A.
SmsReg.A is marketed under the name 'Battery Improve' and claims to help maximizes a device’s battery usage. Unbeknownst to the user however, the application also collects the following information:
F-Secure Security Cloud is a cloud-based threat analysis system that maintains a security rating for common programs, files and websites.
When an F-Secure security product encounters a suspect program or file, it sends a query over the Internet to the Security Cloud and checks for the latest rating available for the program (that is, whether it has already been rated as 'safe' or 'harmful'). Based on the rating, the security product may then either quarantine the suspect file, block it or allow it to proceed.
For more information about the Security Cloud, see: