SecurityWeek

Boston-based Rapid7, a provider of vulnerability management and penetration testing solutions, today announced that it has secured $50 million in a series C round of funding.

Business Logic Attacks - Stealthly, and Often Hard to Call Illegal, These Fraudulent Attacks Can Cost Organizations Big Money 

Security and compliance solutions provider, nCircle, today launched a network security scanning service targeted to small to medium-sized businesses.Dubbed PureCloud, the solution combines features typically found in enterprise class security solutions, with a browser-based scanning service that can scan internal and external networks without requiring any investment in hardware or software.

In an effort to help users dodge mobile malware targeting the iPhones, BlackBerrys and Android devices, McAfee this week shared some tips and strategies on the subject of mobile threats. But just what are those threats, and how are attackers using them to make money?

Atlanta-based Damballa released Failsafe 5.0 this week, the latest edition of the company’s cyber threat detection and mitigation solution. Adding new cloud-based capabilities, this latest update promises to better track “Internet aware” malware and other threats.

RSA is rolling out a number of improvements to its DLP suite, designed to provide organizations with more control and improved detection when it comes to managing data loss across the network and managing connected devices, including tablets and smartphones. In addition, the enhancements offer visibility and the ability for organizations to make more educated decisions around security and governance.

Please join SecurityWeek and Mocana [This Webacast is now available on Demand] for a Webcast as Mocana shows how organizations can protect corporate data by adding fine-

A server at Virginia Commonwealth University, containing files with personal information on current and former VCU and VCU Health System faculty, staff, students and affiliates, was breached in October, during a two step attack. As a result, 176, 567 individuals may have been exposed to personal data theft.

A new survey shows firewall management is problematic enough for many organizations to cause many network security pros to cut corners and cheat on audits.

Researchers from F-Secure have observed a piece of malware carrying an unusual piece of luggage – a valid code-signing certificate belonging to the government of Malaysia.Code-signing certificates are meant to demonstrate the authenticity of a particular piece of software, making them potentially a hot commodity for people looking to dupe security mechanisms.

Huawei Acquires Symantec's Stake in Huawei Symantec Hong Kong Joint Venture China based Huawei Technologies said today that it would acquire Symantec's 49 percent stake in Huawei Symantec Technologies, the Hong Kong-based joint venture established by Huawei and Symantec in 2008 that provides IT security, storage and systems management solutions.

SecurityWeek will host a live webcast with Mocana, on Wednesday at 1PM EST, showing how organizations can protect corporate information by adding fine-grained security policies into individual mobile apps.

GAO Issues Scathing Report IRS's Security Posture, Says it Failed to a Meet Majority of Security Recommendations

Gartner Details Worldwide Security Service Spending by Market and SubsegmentThe market for IT-related security services is set for healthy growth over the next few years, with the managed service segment taking the spot as the fastest-growing segment.

Supercomputer maker, Cray Inc., today announced that the University of Illinois' National Center for Supercomputing Applications (NCSA) awarded the company a contract to build a massive supercomputer for the National Science Foundation's Blue Waters project.