Android applications may pose risks to smartphone users. Most of the current security countermeasures for detecting dangerous apps show some weaknesses. In this paper, a risk assessment method is proposed to evaluate the risk level of Android apps in terms of confidentiality (privacy), integrity (financial) and availability (system). The proposed research performs mathematical analysis of an app and returns a single easy to understand evaluation of the app’s risk level (i.e., Very Low, Low, Moderate, High, and Very High). These schemes have been tested on 2488 samples coming from Google Play and Android botnet dataset. The results show a good accuracy in both identifying the botnet apps and in terms of risk level.