SecurityWeek

McAfee today made an entrance into the identity theft protection services market with the launch of “McAfee Identity Protection.” The identity theft protection market is a crowded space but also a fast growing market with significant demand.

People & Places: Akamai Re-Hires Chuck Neerdaels as Vice President of Engineering, Cloud Platforms

Zeus Trojan - Targeting Verified by Visa and MasterCard SecureCode Security Programs during Online Banking SessionsSecure browsing services provider Trusteer, warned today that the Zeus (Zbot) continues to attack and is targeting online banking customers of 15 leading US financial institutions by exploiting two trusted credit card security programs.

Multi-Stage Cyber Attacks GrowingCybercriminals are increasingly turning to multi-stage or “blended” attacks consisting of messaging combined with Web elements, according to a new report from Commtouch. Blended attacks use e-mail or search engine results to lure victims to bogus web sites, where the victims then encounter spam advertising, malware, or phishing scams.

Fighting web fraud is a game of cat and mouse between fraud analysts and cybercriminals where the odds are stacked against fraud analysts.

Smarsh, a provider of managed email archiving and compliance solutions, introduced text message archiving to its platform today. With the new feature, companies can capture, index, monitor, preserve and produce SMS text messages, BlackBerry PIN-to-PIN and BlackBerry Messenger content for regulatory audits, e-discovery requests and other corporate governance uses.

GFI Software, a provider of software infrastructure products for small and medium-sized businesses, announced today that it has acquired security software provider Sunbelt Software. GFI was specifically interested in Sunbelt’s VIPRE product line. The assets of Sunbelt’s software distribution business, which are separate from the technology side of the company, will be divested into a separate entity, which the company plans to sell off or explore other strategic partnerships.

Social Networking in the Workplace - Workplace Social Networking creating security issues for corporate networksThe use of social networks by workers on the job has increased again, with usage patterns that may create new security issues for corporate networks.

SafeNet Holding Corporation, parent company of information security giant, SafeNet, filed a registration statement (Form S-1) with the United States Securities and Exchange Commission relating to a proposed initial public offering of its common stock.

China is directing “the single largest, most intensive foreign intelligence gathering effort since the Cold War” against the United States, according to a report released yesterday by Medius Research.

Los Gatos, California based TriCipher, a provider of cloud identity services, today announced two new editions of its Secure Single Sign-On solution. 

After releasing a password cracking tool that instantly reveals cached passwords to Web sites stored in Microsoft Internet Explorer and other popular Microsoft applications including Outlook last week, the Moscow based company announced a new version of its distributed password recovery tool that shows a 20x performance gain.

Boeing [NYSE: BA] today announced an agreement to acquire Sunnyvale, California based Narus, a provider of network traffic and analytics software used to protect against cyber attacks and threats aimed at large networks.

Snooping, the unauthorized use of access privileges to view sensitive or confidential data within an organization, is on the rise according to Cyber-Ark Software’s fourth annual “Trust, Security and Passwords” survey of senior IT professionals in the US and UK.

Cybersecurity solutions provider Sourcefire, Inc., today announced the availability of cloud-based Intrusion Prevention services for Amazon Web Services (AWS) customers.