SecurityWeek

Cylance, a tech security startup that has been operating in a rather secretive fashion until today, made its official launch as a security vendor along with announcing that it has raised $15 million in funding.

Police Bust Global Cybercrime Extortion RingMADRID - Spanish police and Europol have busted a global cybercrime operation that infected millions of computers with a virus that falsely accused victims of viewing child pornography and demanded a fine payment, officials said Wednesday.

Google is reported to have “declared war on the password”. While we all just hate passwords and "a quick tap on your computer with the ring on your finger" sounds like a much cooler way to login, making changes in a fundamental mechanism such as authentication should be thoroughly and carefully considered.

More malicious Websites were spotted in 2012, and most of them weren't found in the seedier parts of the Internet, according to a recently released report from Websense.

Multi-platform Malware Poses Threat to Android and Windows Users

Cyber-criminals increasingly targeted retailers more than any other sector in 2012, Trustwave said in its latest report.

According to a report from the National Audit Office (NAO), cybercrime in the UK cost taxpayers between £18 billion and £27 billion annually. The rising costs are only one part of the picture, as the volume of attacks is skyrocketing and there is a shortage of qualified workers to deal with the threat.

Security researchers from FireEye on Tuesday said they had identified a PDF zero-day that is being used in active attacks, and that they observed successful exploitation on the latest version of Adobe PDF Reader (9.5.3, 10.1.5, and 11.0.1.).

Earlier this month, SecurityWeek reported on the AP report citing two U.S. officials that claimed a National Intelligence Estimate (NIE) report would detail the economic impact China’s alleged cyber campaigns have had on the nation. The Washington Post has published additional information on the report, obtained from sources with direct access to the sensitive report.

An alliance of Internet giants, including PayPal and Lenovo, are tackling the identity problem head-on with a new authentication system designed to do away with passwords and improve online security.

Related News: U.S. Emergency Alerting Systems Vulnerable to Remote Attack

The ZeroAccess botnet closed out 2012 as the most active botnet in the wild, according to a malware report from security vendor Kindsight.

A little over a third of security professionals believe their organizations are investing in the wrong security technologies, according to a recent survey from SafeNet.

Vulnerability management has become a term that continues to be thrown around in security circles as a quick and easy path to threat remediation. However, the reality is that most companies are not actually managing vulnerabilities, but rather conducting scans that produce thousands of potential threats. Identifying possible security risks and actually managing them through to remediation are completely different things.

San Jose, California-based Zscaler, a provider of cloud-based security solutions, today added new analytics technology to its cloud security suite designed to provide enterprise security teams with real-time visibility into employee Internet activity across web, cloud email, and mobile application platforms.

Increased use of applications, mobility, virtualization, and network security consolidation as well as the evolution of sophisticated threats has driven the evolution of the traditional stateful firewall to what is commonly referred to as a next-generation firewall (NGFW).

FireEye, a provider of advanced threat protection solutions for enterprises, announced that Enrique Salem, former Symantec president and chief executive officer at Symantec, has been appointed to the FireEye board of directors.

After rushing out a Java update to address 50 security vulnerabilities back on Feb. 1, two weeks ahead of schedule, Oracle has acknowledged that the release missed some fixes and that it would issue an updated version of the February 2013 Critical Patch Update on the originally scheduled date.

F5 Networks on Monday announced that it has agreed to acquire LineRate Systems, a developer of software defined networking (SDN) services, for an undisclosed sum.