SecurityWeek

Application Security Inc., announced product upgrades to its AppDetectivePro and DbProtect solutions this week at Oracle Open World in San Francisco.

HP and Oracle today reaffirmed their long-term strategic partnership and the resolution of litigation regarding Mark V. Hurd’s employment at Oracle. While the terms of the settlement are confidential, Mr. Hurd will adhere to his obligations to protect HP’s confidential information while fulfilling his responsibilities at Oracle. CNBC reported that no money changed hands as part of the settlement but that Hurd may have forfeited some of the stock he was entitled to as part of his departure from HP.

Cloud Management Solution designed to help customers build and securely manage cloud environments across all leading hypervisors, operating systems and hardware platforms

BitLocker to Go, drive encryption built into Windows 7 Ultimate that helps protect sensitive data on USB storage devices, may not as safe as you think.

Fresh off the news that it would acquire OpenPages, IBM

At the recent Forrester Security Forum in Boston, IBM Security executives discussed how companies can more effectively manage cost, complexity and compliance in a world where threats are constantly changing and information is always compounding. Subjects discussed include data controls, malware defense, patch management, misperception of risk, secure by design, and more.

U.S. Cybersecurity Strategy Update

Qualys today announced the release of the second annual “Top Cyber Security Risks Report.” featuring new data from HP TippingPoint DVLabs, SANS Institute and Qualys Research Labs, plus a “deep dive” analysis of PDF attacks, one of the fastest-growing classes of exploits now in play.Qualys's data on patching status for vulnerabilities alone is derived from more than 13 million scans each week.

Former MIS Head at Baltimore Substance Abuse System Indicted for Cybercrime

IBM today announced that it will acquire OpenPages, a provider of risk management and compliance software.

Suit Alleges Companies Pirated Patent for Device-Based Security TechnologyA small Irvine, CA based company has filed a patent infringement lawsuit against several IT security firms including Symantec, CA Technologies, and SafeNet.

IT Security Professionals Optimistic Future Funding. Concerned that Business Partners and Suppliers have been Weakened by Economic Conditions. The U.S. and Europe are behind the times when it comes to achieving maturity in IT security, and they lag in willingness to spend on security as well, according to the newly-released 2011 Global State of Information Security Study by CIO, CSO and PricewaterhouseCoopers.

One third of small-to-medium-sized businesses (SMBs) experienced a malware or virus infection via social networks through July of this year, and 23 percent actually lost sensitive data via these networks, according to Panda Security’s first annual Social Media Risk Index.

McAfee today announced the discoveries in its 2010 “Digital Music & Movies Report: The True Cost of Free Entertainment” revealing a growing number of cyber threats associated with the popularity of online music and videos. McAfee researchers found that adding the word “free” to searches increases the risk of landing on a malicious site.

InfoSphere Guardium 8 automatically monitors structured data and application usage across the enterprise

Iraqi Resistance Group Claiming Responsibility for 'Here You Have' Virus May be Based in Spain. Virus gained Momentum but Slowed Quickly.After intensive investigation of the "Here you have" virus, PandaLabs has discovered that the Iraqi resistance group claiming responsibility, Tariq Bin Ziyad, may be based in Spain.

Report Reveals How Targeting Luxury Brands Online Results in Significant Traffic for Online Scammers A report revealed today showed that suspected counterfeit ecommerce sites attract over 120 million annual visits, almost half the traffic generated by the REAL, legitimate dot com Web sites according to the study.

HP Acquires ArcSight for $1.5 Billion - $43.50 Per Share in CashHP (NYSE:HPQ) and ArcSight Inc. (Nasdaq:ARST) made an official announcement Monday morning that HP would acquire ArcSight for $43.50 per share in cash, valuing the company at $1.5 billion. ArcSight shares closed Friday at $35.10 giving ArcSight a market cap of $1.21 Billion.

“Here you have” Virus – Details and Removal Methods  (W32/VBMania@mm / W32.Imsolk.B@mm)

Clickjacking Scams Continue to Target Facebook Users. "Cheerleaders Gone Wild" Scam Lures Users to "Like" Without KnowledgeYet another “clickjacking” scam is spreading on Facebook today, trying to lure users into checking out scantily clad cheerleaders “gone wild.”