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Endpoint security stalwart Sophos has bid to acquire Germany-based encryption provider Utimaco Software for more than US$340 million. Spammers capitalising on nationwide interest in the Democratic presidential nomination battle are sending out messages offering a link to a "Hillary Clinton video interview" that instead launches a trojan downloader on the victim's PC. Symantec has filed suit against eight companies accused of being software pirates, seeking a total of more than US$55 million in damages. Microsoft is investigating a zero-day vulnerability in Visual Studio. The first months of 2008 has seen spam levels rise with the economic situation and Olympics adding fuel to the fire. McAfee has signalled its intention to buy data loss prevention specialist Reconnex in a deal worth US$46m. SOX, HIPAA, Basel II, CobIT – the alphabet soup of industry and government regulations regarding information security seems to get bigger each year.

The NHS has had to admit to losing a laptop containing thousands of patient details. The RSA conference in April marked one year almost to the day since Dave DeWalt left EMC and took over the reins as CEO of McAfee. A Chinese man is suing information security giant Symantec for the collapse of his computer following an anti-virus update from the company last month. Not a secure system, just more sturdy than previous Windows versions. As the internet evolves into an unprecendented user-centric experience, the need for consumer confidence is more critical than ever, Symantec CEO John Thompson said today. Symantec plans to slash up to five percent of its jobs over the next few months, executives admitted yesterday. Microsoft is spearheading its second global security initiative in a week by setting up a scheme to try to tackle multi-vendor security threats. A search through the open source community has provided a breakthrough that could settle the ongoing patent dispute between Trend Micro and Barracuda Networks.. Security organisations are warning of a new virus attack that uses the upcoming Chinese Olympics to spread a new variant of the Storm malware.. Global software security revenue totaled US$10.4 billion last year, a jump of nearly 20 percent, an analyst firm said Tuesday. The National E-security Awareness Week was launched today to help Australians understand e-security risks and how they can protect themselves online. The Federal Government kicked-off National E-security week today with the launch of a new security alert service for internet users and small businesses. The security vendor's chief technology officer said today the company will withdraw from the popular VB100 anti-malware tests, launching a tirade against the testers' methodology.