Since smartphones are utilized in the ranges from personal usages to governmental data exchanges, known but not patched vulnerabilities in smartphone operating systems are considered as major threats to the public. To minimize potential security breaches on smartphones, it is necessary to estimate possible security threats. So far, there have been numerous studies conducted to evaluate the security risks caused by mobile devices qualitatively, but there are few quantitative manners. For a large scale risk evaluation, a qualitative assessment is a never ending task. In this paper, we try to calculate relative risk levels triggered by software vulnerabilities from unsecured smartphone operating systems (Android and iOS) among 51 Asian countries. The proposed method combines widely accepted risk representation in both theory and industrial fields. When policy makers need to make a strategic decision on mobile security related agendas, they might find the presented approach useful.