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A California man is facing a maximum of 60 years in prison and a US$1.75 million fine after agreeing to plead guilty to using botnets to steal PC users' personal and financial information. Secure Computing plans to buy messaging security firm CipherTrust for an estimated $273 million. The transaction will include $185 million in cash, 10 million shares of Secure Computing common stock and a $10 million promissory note, provided certain performance targets are met. Secure Computing plans to buy messaging security firm CipherTrust for an estimated $273 million. The transaction will include $185 million in cash, 10 million shares of Secure Computing common stock and a $10 million promissory note, provided certain performance targets are met. Law enforcement agencies expect to make several more child porn exploitation arrests in the coming weeks despite announcing the arrest of nine men in Queensland on 188 charges yesterday. McAfee announced today that it will acquire certification vendor ScanAlert in a deal potentially worth US$75 million. Web security company SurfControl has bought managed services provider BlackSpider for £20 million ($36 million). The firm will also take on £1.2 million ($2.2 million) of short-term debt. Chip and PIN credit cards are hitting Australian shores. Negar Salek, demystifies the emerging secure payment technology and its potential benefits. New Zealand-based network monitoring provider Endace has acquired Applied Watch Technologies, a managed security services provider, for US$5 million.
Even faced with tough budget times, there is still an opportunity, says one CISO. While it is unlikely we will ever abolish cybercrime, I do believe that we can make the internet a safer place. An article that appeared in last weekend's Glasgow Sunday Herald claiming personal information belonging to eight million travellers had been winkled has been denounced.
The Best Western hotel chain has reportedly suffered what is being claimed as the world's largest cybercrime, resulting in the identity theft of eight million customers. The massive data breach at UK's HMRC, in which the records of 25 million people were lost, could have been avoided for £15,000 (A$30,000). HMRC has radically improved its data security measures since the breach which caused it to lose 25 million child benefit records in October last year. HMRC has radically improved its data security measures since the breach which caused it to lose 25 million child benefit records in October last year. A Ukrainian man, one of the orchestrator's of the monster TJX breach, has been sentenced to 30 years in prison in Turkey. Researchers this week released proof-of-concept code for a number of cross-site scripting flaws on Facebook, but the social networking site said it closed the vulnerabilities within hours. The bitter reality of tough times can be made more sour by bad relations with the employees who can do real damage. Go Green initiative promises to scrap legacy kit if customers sign to SaaS
offering. Enterprises still seem to have turned a blind eye to the vulnerability that exists when information, in document and spreadsheet form, leaves the company via email and laptops.