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Secure electronic payment solutions provider VeriFone Systems, Inc. (NYSE: PAY), announced Wednesday that had acquired Semtek, an endpoint encryption solution company. The transaction is an all stock transaction in which Semtek shareholders will receive VeriFone common shares valuing the company at $18 million.

Cybercrime - Staring into the Eye of the BeastI have a problem. Actually, we all have a problem. You see, our life is gooood. Digitally, at least. We’re on the technology speed train, addicted, going full throttle without any desire to slow down. On the contrary, we strive to shift gears to quicken technology’s advancement. We can’t see our lives differently now and we’re expecting things to just get better. But here’s the problem – the bad-guys know this too.

SecurityWeek - People & PlacesCSC (NYSE: CSC) has named Mark Rasch director of Cybersecurity and Privacy Consulting for its North American Public Sector business unit.

The Norton Cybercrime Report: The Human Impact - Report Gauges Emotional Impact of Cybercrime, Shows 65% of Internet Users a Victim of CybercrimeCybercrime is real, it’s big, and it’s affecting a huge portion of the global Internet population.

Pareto Networks announced Daniel "Dan" Ryan, former executive vice president and general manager of McAfee's (MFE) network security business unit, will serve as CEO of the Cloud-based networking company.

Integration with QualysGuard Allows Sourcefire to Adapt Protection to Known Vulnerabilities on a Customer’s Network Sourcefire and Qualys today announced a product collaboration in which Sourcefire’s IPS (Intrusion Prevention System) will integrate with Qualys’ QualysGuard Vulnerability Management solution.

Oracle Hires Former HP CEO Mark Hurd as President, Named to Board of Directors In an announcement Monday night, Oracle said that Mark Hurd has joined the company as President and has been named to Oracle's Board of Directors. Mr. Hurd will report to Oracle CEO Larry Ellison.

Snoop Dogg’s partnership with Symantec isn’t off to a great start. Just two days after announcing the “Hack is Wack” rap competition, the HackIsWack.com Web site was attacked. At the time of publishing, the site seems to be offline, likely to protect users from a reported cross site scripting attack discovered on Friday.

Microsoft Releases Enhanced Mitigation Experience Toolkit (EMET) 2.0 Announced at the Black Hat 2010 conference in July, Microsoft’s updated Enhanced Mitigation Experience Toolkit (EMET) 2.0 has been released and is now available for download.

Android users can add some useful privacy, security, convenience, and potentially life saving features to their mobile device with new software released from NetQin Mobile today.

HP has won the heated bidding war for storage company 3Par, but Dell will take home $72 million from a break-up fee upon the termination of its merger agreement.Dell announced today that it will not increase its most recent proposal to acquire 3PAR, and that Dell has ended its discussions regarding a potential acquisition.

Heartland Payment Systems quietly issued a press release late Wednesday afternoon, announcing a settlement agreement with Discover Financial Services related to a 2008 data breach.Heartland will pay Discover $5 million as part of the settlement and the case is officially closed.On January 20, 2009 Heartland announced that a security breach had occurred in 2008, involving malicious software that compromised data within Heartland's network.

Verizon and VMware to Launch Enterprise-Class Hybrid Cloud Solution Verizon Business and VMware have announced a new enterprise-class hybrid cloud solution which the two claim will enable enterprises with vCloud-based infrastructure to move their applications to the cloud using existing IT configurations and applications, with no compromise in security or performance.

Fortinet released its August 2010 Threat Landscape report showing some interesting changes and shifts from previous months, with an interesting trend in “Do-It-Yourself” Botnet Kits gaining momentum and becoming a serious threat.

QualysGuard PCI 5.0 - New Dashboard and Interactive Workflows to Support New Approved Scanning Vendor Requirements Qualys upgraded its PCI compliance suite today with the release of QualysGuard PCI 5.0. The upgraded solution provides customers a simplified way to meet the latest Payment Card Industry Data Security Standard (PCI DSS) compliance requirements.