SecurityWeek

CloudLock, a Waltham, Massachusetts-based firm that helps companies secure data stored in the cloud, today announced that it has secured $8.7 million in a Series B funding round.

Wave Systems Gets U.S. Army Contract for Encryption Management for Vehicle-Based Mobile Computers Wave Systems, a Massachusetts-based provider of security, data protection, and encryption solutions, today announced that it has received a contract from the United States Army to provide labor, equipment and management to implement solutions for the Army's self-encrypting drives (SEDs).

Privacy advocates are largely giving the thumbs up to a report from the Federal Trade Commission (FTC) calling for Congress to enact privacy, data security and breach notification laws.The report, entitled “Protecting Consumer Privacy in an Era of Rapid Change: Recommendations For Businesses and Policymakers,” also lays out best practices for businesses for protecting the privacy of American consumers. Building upon a report from December 2010, the updated report calls on corporations to enact the following recommendations:

Good Technology, a provider of mobile device security and management solutions for enterprises, today launched a secure browser for Android devices designed to provide secure access to enterprise resources via mobile devices.Dubbed Good Mobile Access (GMA) for Android, the Web browser is a feature of the company’s flagship Good for Enterprise offering, and enables secure mobile access to “behind-the-firewall applications”, company databases, resources and collaboration tools such as SharePoint data without needing a VPN connection.

A group claiming to have risen from the ashes of LulzSec is taking responsibility for hacking a military dating site and a technology company.

They say history repeats itself, or perhaps this is the story of a community recovering from a catastrophe. Either way, the underground is returning to its former glory, and not just in how much business is being conducted – but how it is conducted. In 2006, the English-speaking part of the underground economy was a prosperous community, with several mega-bulletin boards competing for the business and the heart of fraudsters from all over the world.

ThreatMetrix, a provider of technologies to help organizations thwart cybercrime, today that it has closed a Series D round of financing in the amount of $18 million led by venture firm August Capital.

Anti-fraud firms iovation and TeleSign are partnering to offer iovation’s ReputationManager 360 product with TeleSign’s Two-Factor Authentication, Verify and PhoneID services.

An analysis of a widely-used repository for open source components revealed that Global 500 organizations collectively downloaded more than 2.8 million insecure components in one year.

The University of Hong Kong’s Public Opinion Program offered an unofficial poll for those who could not vote in last week’s elections, but it quickly came under attack the organizers’ said. According to local media, police have arrested two men on charges related to the incident.Ahead of the actual vote on March 25, the University of Hong Kong offered those who were not allowed to vote a chance to express their opinions. The results would not have counted towards any...

Researchers from Kaspersky Lab have found examples of malicious Chrome applications targeting Facebook users in Brazil. The attack use several methods to entice users to install the malware, and despite Google’s best efforts, the criminals behind the attack keep getting new variants into the Chrome Web Store.

In an effort to help users get a better idea of the security status of their MySQL databases, McAfee today released a free open-source audit plug-in that provides detailed database activity audits and helps satisfy audit requirements for the wildly popular open source database platform.McAfee promises that the software-only implementation is easy to deploy and is highly scalable, and ideal for protecting and monitoring MySQL databases in the cloud, with key features including:

Microsoft made lots of news recently with the disclosure that a key vulnerability (MS12-020) involving the RDP protocol had been leaked, apparently from Microsoft’s Active Protections Program (MAPP).

Today, Microsoft announced that in collaboration with partners from the financial services industry including FS-ISAC and NACHA, The Electronic Payments Association, and Kyrus Tech, it has successfully taken action against cybercriminal operations that fuel a number of botnets powered by the notorious Zeus family of malware.