SecurityWeek

The National Security Agency/Central Security Service (NSA/CSS) recently tested future military leaders during the 10th Annual Cyber Defense Exercise (CDX) held on April 20-23, 2010.

McAfee, Inc. (NYSE:MFE) today reported financial results for the first quarter ended March 31, 2010. McAfee generated $502.7 million in revenue, a first quarter record and marking their 17th consecutive quarter of double-digit, year-over-year revenue growth along with record operating cash flow. With the rapid growth, executives admit they continue to have finance and operations issues.

IT management software provider, CA (NASDAQ: CA), today announced the results of a European IT Security study revealing that organizations across several European countries are not utilizing Data Loss Prevention (DLP) technology.The survey revealed that 64% of organizations in the UK are not using Data Loss Prevention technology and other countries such as France (23%), Ireland (50%), and Italy (60%) report low utilization.

Symantec Corp. (Nasdaq: SYMC) today announced it would be making two key acquisitions, saying it has signed definitive agreements to acquire PGP Corporation and GuardianEdge Technologies, Inc., two privately-held leaders in the email and data encryption market. 

Hewlett-Packard Co. has agreed to acquire struggling smart phone maker Palm Inc. for over $1 billion in cash. The companies announced Wednesday they had agreed to the deal, which will see HP pay $5.70 for every Palm common share. With debt included, the deal values Palm at $1.2 billion. The transaction has been approved by the HP and Palm boards of directors.

Vice President of Technology and Innovation at Verizon, Peter Tippett, speaking at the Infosecurity Europe trade show in London this week, made an interesting prediction, stating "While we can never fully forecast the future, we certainly have a good glimpse into what security will be like 10 years from now, based on all the data we have amassed over the last several years for our Data Breach Investigations Reports. For starters, we know successful security breaches are leveling off, and...

Verizon and Novell have teamed up to provide “Secure Access Services from Verizon” – an on-demand identity and access management service providing enterprise clients more control and stronger security when accessing cloud based applications.The service, powered by Novell technology, will enable enterprise clients to outsource the infrastructure and expertise required to extend and manage user access to cloud-based resources while maintaining control over policies and governance.

A recent study conducted by Unisys Corporation (NYSE:UIS), showed that the majority of mobile device users worldwide feel safe using their mobile devices for applications, including airline boarding passes, payments in stores for low-cost items or to access online banking.

Defending Against DDoS Attacks

Recent reports are showing that cybercriminals are targeting the abuse departments within financial institutions. Reports from a number of financial institutions show emails being sent to their abuse departments reporting a fake phishing email and hoping to have fraud analysts click on the click to investigate, when an attempt is then made to install malware on the users computer.

Beijing based mobile security service provider, NetQin Mobile Inc., announced it has received a third round of investor funding of $20 million. NetQin provides mobile security solutions- including anti-virus, anti-spam SMS/telephone, and privacy protection services. With this latest injection of cash in hand, the company has a goal to become the largest mobile security service provider worldwide.

Cellcrypt, a provider of secure mobile voice calling technologies, today launched Cellcrypt Enterprise Gateway, enabling business users secure calls to office landlines from mobile phones. The enterprise solution is targeted to executives traveling to hostile countries where phone interception is prevalent.

PGP Corporation today announced that Stuart Hopper has joined the company as its new Director of EMEA Channels. Hopper will be responsible for leading PGP Corporation's channel program and team in EMEA as the company looks to expand its footprint across the region.

Botnets, Trojans and Phishing…Oh my! The dedicated researchers at Symantec are at it again, scaring the living daylights out of companies and consumers with overwhelming evidence that the web is indeed a dark and foreboding place.