SecurityWeek

While we must continue to invest in new technologies that provide detection of the latest threats, detection alone isn’t enough.Traditional security solutions are falling short of providing needed protection because they’re typically blind to changing conditions and new attacks. Simply put: you can’t protect what you can’t see.

Netherlands-based AVG Technologies today announced the pricing of its initial public offering of 8.0 million ordinary shares at a priced to at $16.00 per share, an offering that in total will raise approximately $128 million, but net slightly less than $64 million in the company’s pockets after investment banking fees, underwriting discounts and commissions.

Wave Systems, a Massachusetts-based provider of encryption and security solutions, this week launched Wave Encryption Service (WES), a cloud-based encryption solution designed to be easy to deploy, manage and enforce.

More Formidable Security Threats and High-Profile Attacks Drive Enterprise Demand for Security Intelligence Services Research from International Data Corporation (IDC) on the threat intelligence market, a sector made up of advanced security event monitoring and management technologies that incorporate a variety of threat-related information sources to develop predictive security, predicts the market to grow from $198 million in 2009 to $905 million in 2014.

BlackBerry 7 Devices Get FIPS 140-2 Certification for U.S. and Canadian Governments BlackBerry maker Research In Motion (RIM) today announced that BlackBerry mobile devices running its new BlackBerry 7 and BlackBerry 7.1 Operating Systems  have been awarded FIPS (Federal Information Processing Standard) 140-2 certification by the National Institute of Standards and Technology (NIST) and the Communications Security Establishment Canada (CSEC).

Chainmail is Composed of Several Layers, as Should Your Security Strategy.Everyone has heard of the “layered” security approach, yet very few security professionals seem to fully appreciate what is actually meant by it, nor do they know how to go about designing such a strategy. The conventional view is similar to an ice cream sandwich-- each layer piled on top of the other, providing a thick pillow of protection that a would-be information assassin has to fully penetrate in order...

Akamai Technologies has released its State of the Internet report for the third quarter of 2011, based on data collected from its massive global network. In it, they observed that attack traffic online originated from 195 countries or regions, but that more than half of this traffic came from the Asia-Pacific region.

IBM Moves to Secure Mobile devices with New Endpoint Manager Suite, Announces Aquisition of Mobile Software Firm Worklight IBM, on Tuesday, announced a new endpoint management suite aimed at mobile devices, in addition to hinting at further R&D in the segment thanks to a recent acquisition. The new software is one of the first to leverage the technology portfolio obtained after Big Blue purchased BigFix software in 2010.

UPDATE: Not too long ago, Microsoft and other security researchers were heralding the fall of the Kelihos botnet. It appears now however that whoever is behind the malware may still be in business.

Find out about the potential financial benefits from Forrester's Total Economic Impact Study showing an ROI of up to 152% from deploying Symantec Protection Suite

Researchers at M86 Security say hackers have compromised hundreds of Web sites that use Wordpress as part of an attack campaign using the Phoenix exploit kit.“A few days ago, hundreds of websites, based on WordPress 3.2.1, were compromised,” blogged Daniel Chechik, security researcher at M86 Security. “The attacker uploaded an HTML page to the standard Uploads folder and that page redirects the user to the Phoenix Exploit Kit. Its logs show that users from at least four hundred compromised sites...

Experts Say The Government and the Private Sector Need to Work Together Better, Faster and Across More Sectors.There has been a growing awareness during the past few years that cyber-security is an important element of military defense – a fact that was underscored by recent research from McAfee and Brussels-based think tank Security & Defence Agenda (SDA).

Attackers Target Patched Windows Media Player Vulnerability Attackers are going after a recently patched vulnerability in Windows Media Player (WMP), and users do not seem to be keeping up with the threat.

McAfee has announced McAfee Mobile Security 2.0, confirming the software’s presence in the Android Market last week, which appeared out of the blue to some users. The update is a step forward for overall resource usage and cosmetic improvements, but the base functionality remains the same.

Solera Networks, a provider of network forensics and network monitoring solutions, announced today that it has secured $20 million in Series D financing lead by Intel Capital.