SecurityWeek

Defending Against DDoS Attacks

Recent reports are showing that cybercriminals are targeting the abuse departments within financial institutions. Reports from a number of financial institutions show emails being sent to their abuse departments reporting a fake phishing email and hoping to have fraud analysts click on the click to investigate, when an attempt is then made to install malware on the users computer.

Beijing based mobile security service provider, NetQin Mobile Inc., announced it has received a third round of investor funding of $20 million. NetQin provides mobile security solutions- including anti-virus, anti-spam SMS/telephone, and privacy protection services. With this latest injection of cash in hand, the company has a goal to become the largest mobile security service provider worldwide.

Cellcrypt, a provider of secure mobile voice calling technologies, today launched Cellcrypt Enterprise Gateway, enabling business users secure calls to office landlines from mobile phones. The enterprise solution is targeted to executives traveling to hostile countries where phone interception is prevalent.

PGP Corporation today announced that Stuart Hopper has joined the company as its new Director of EMEA Channels. Hopper will be responsible for leading PGP Corporation's channel program and team in EMEA as the company looks to expand its footprint across the region.

Botnets, Trojans and Phishing…Oh my! The dedicated researchers at Symantec are at it again, scaring the living daylights out of companies and consumers with overwhelming evidence that the web is indeed a dark and foreboding place.

NETGEAR, Inc. (NASDAQ:NTGR), a networking solutions provider, today announced the first business class firewall that provides in excess of 1 Gigabit per second (Gbps) performance for under $500. NETGEAR claims the new ProSafe Quad WAN Gigabit SSL VPN Firewall (SRX5308) delivers up to 1 Gbps of firewall throughput -- faster than competing solutions in its price class.

Swiss information security and identity management solutions provider, WISeKey, announced today that it has secured $20 million in pre-IPO financing. The investment values the company at $200 million and was led by a group of USA, European and Swiss institutional and private investors.

As the number of cyber attacks against businesses increases, the majority of small and medium-sized businesses (SMBs) are not familiar with many of the online threats they face. A recent study of executives and finance professionals from SMBs across 38 industry sectors in the United States showed that 63 percent worry about cyber theft, yet lack knowledge on how to protect their businesses.

U.S. Department of the Treasury posed a new challenge to fraudsters this week, unveiling the new design for the $100 note and incorporating some new technologies to combat counterfeiting.

Security Software provider, Sunbelt Software, is looking capitalize on the misfortune of competitor, McAfee’s, recent “false positive” crisis that has been the talk of the industry and Twitter Wednesday afternoon.

Palo Alto Networks today announced that Michael E. Lehman has been appointed chief financial officer of the rapidly growing network security company. Lehman brings more than 35 years of senior-level financial management experience with technology companies, including CFO roles at Sun Microsystems.

Application risk management platform provider, Veradode, Inc., today announced Veracode SecurityInsights, a cloud-based service enabling Veracode users to instantly compare their software against the aggregated security quality benchmarks from thousands of applications in their industry.

Visa (NYSE:V) has announce that it will acquire online electronic payment and risk management provider, CyberSource Corporation, (NASDAQ:CYBS) in an approximately $2.0 billion cash transaction valuing CyberSource shares at $26.00 per share.

Symantec has released its Global Internet Security Threat Report for 2009, a data packed report showing trends, impending threats, and the continuing evolution of the Internet threat landscape.

Cox Announces “Cox Business Security Suite” powered by McAfee's technology

Symantec (Nasdaq: SYMC) today unveiled beta versions of the Norton 2011 AntiVirus and Norton 2011 Internet Security, available now as free download. With performance being a key objective in the latest releases, both products will include “System Insight 2.0” which alerts users when applications are significantly impacting their system resources.

Affinion Security Center, announced enhancements to its BreachShield service, aimed at preventing, detecting and resolving Identity Theft resulting from data breaches. The updates are focused on helping customers at risk for medical identity theft but available for all types of organizations that could experience a data breach.

Cyber warfare is a hot topic in the security industry, but what does this term actually mean? At what point does a cyber conflict become a cyber war? Are cyber threats, cyber attacks and cyber espionage acts of cyber war? Many of these questions need to be discussed – and that discussion is about to take place.

Updated Mac Forensic Suite Features Improved Performance, Enhanced User Interface, and Support for Snow Leopard MacForensicsLab Inc. announced the release of their computer forensic suite, MacForensicsLab 3.0. The new version adds new features along with enhanced stability and speed improvements.