SecurityWeek

WASHINGTON - In choosing a major escalation with China over cyber-espionage, the United States has laid bare its frustrations after years of hoping the Asian power would accept a US-led international order.

Tucked inside Verizon's massive 2014 Data Breach Investigations Report are these numbers: 11,698 and 112.

Internet security firm Check Point Software Technologies has launched a new intelligence marketplace that enables organizations to purchase intelligence feeds to help them defend against cyberattacks using their Check Point security gateways.

Google confirmed on Monday that it has acquired mobile device management company, Divide, a startup that helps separate business and personal data on employee-owned smartphones and tablets. The terms of the acquisition were not disclosed.

BEIJING - Beijing summoned the US ambassador and accused Washington of double standards Tuesday as a diplomatic row escalated over the unprecedented indictment of five Chinese military officers for cyber-espionage.

For years, the security community and regulators have been warning that things are starting to get serious and that “plausible deniability” for executives no longer exists when it comes to lapses in network security. Some heeded the warnings, most did not, and as a result we are starting to see the ramifications of a tougher emphasis on security.

Cloud-based security solutions provider Proofpoint has acquired NetCitadel, a maker of security incident response solutions, for roughly $24.0 million in cash, the company announced Tuesday.

Centrify, a Santa Clara, California-based provider of Identity Management solutions, today announced that it has raised a massive $42 million round of funding.

BEIJING - China summoned US ambassador Max Baucus over Washington's indictment of five Chinese military officers it says were involved in cyber-espionage, state media said Tuesday.

The U.S. and China have locked horns over cyber-espionage before, but not quite like this.

Researchers at Rapid7 have uncovered information disclosure issues in SNMP [Simple Network Management Protocol] on embedded devices that could cause them to leak authentication data.

THE HAGUE - Police have arrested around 100 people in global raids against notorious malware being sold complete with "ransom notes" to extort money after taking control of computers.

Invincea, a provider of endpoint security solutions that leverage secure virtual containers to protect against advanced malware and other threats, has released a free malware discovery and analysis tool for the forensics analysts and incident responders.

WASHINGTON - The United States has filed charges against several members of China's military for allegedly stealing American trade secrets, media reports said Monday. The Washington Post and other news outlets said that the Justice Department is charging members of China's People's Liberation Army in the first US prosecution of foreign state actors over economic espionage.

(Image Credit: Cisco)Cisco Chief Writes to Obama to Decry NSA Activities