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Ken Xie, the CEO and founder of UTM specialist Fortinet said that IT security companies must focus on innovation and engineering Discount retailer TJX, parent of T.J. Maxx and Marshalls, has agreed to a US$24 million settlement with MasterCard over a security breach that left tens of millions of credit card accounts at risk to identity theft. Hackers used sophisticated methods to evade detection and place malware on nearly 300 Hannaford Bros. store servers to intercept payment information during the credit card transaction process, the grocery chain told Massachusetts authorities. Privacy woes continue to plague Facebook this week following the revelation that a spam campaign is hijacking user accounts and posting messages on the Wall feature of user profiles. Northrop Grumman has grown to a $30-billion-a-year company by designing and building some of the world's most sophisticated war-fighting tools, be it stealth bombers, airborne surveillance systems or nuclear-powered aircraft carriers and submarines. The concept of organisations keeping a watchful eye on employees during company hours is nothing new. A new report by analyst firm Forrester Research has again highlighted the growing threat to firms of their web sites being infected by malware and their brands being abused in sophisticated phishing attacks. The US Federal Trade Commission (FTC) is hosting a half-day roundtable event to discuss new strategies aimed at increasing awareness of phishing schemes. Red Hat is freeing up the source code behind its identity management and security system in a bid to show that open source software is more secure than rival technologies.. McAfee’s chief security officer Dr Martin Carmichael flew into Sydney this week and SC Magazine had the opportunity to catch up with him to discuss all things security. DeepNines’ Security Edge Platform (SEP) takes a new look at UTM. This device does not become the gateway, but instead works with an existing firewall and sits between the internet and the perimeter to stop attacks before they can hit the firewall. Update: A phishing campaign targeted students and staff of Australian universities last month, according to an advisory from Auscert, Australia's National Emergency Response Team. The FBI has admitted that it repeatedly broke its own rules in spying on internet communications.. Consumers, regulators, and businesses have no way to reliably assess the incidences and frequency of identity fraud at major financial institutions, a new study concludes. The security of virtualised environments took centre stage at VMworld overnight as security vendor McAfee and IT configuration firm Tripwire made several key announcements.
Bluefire Mobile Security Enterprise Edition can be centrally deployed and configured from an administration console. Administrative features include the ability to enforce and update security policy, view logs, extract security logs and control devices regardless of location. Computer security expert Bruce Schneier took a swipe at a number of sacred cows of security including RFID tags, national ID cards and public CCTV security cameras in his keynote address to Linux.conf.au this morning. Too often, network security relies on placing firewalls in front of public network access points and calling it a day. The assumptions are 1) being on a private network is synonymous with being on campus 2) campus users are implicitly trustworthy and 3) external threats are mitigated by the perimeter firewall. For all the hype about the relative security of the two most popular browsers, is Firefox really any more secure than Internet Explorer? For that matter, is it even possible, as a British company with a “zero-footprint” browser claims, to develop a truly secure browser? Enterprise security firm Mobile Armor has released a list of 10 New Year resolutions for the enterprise data security professional..