SecurityWeek

BAE Systems announced that it has received a $40 Million order to provide cybersecurity services to the FBI, the first order awarded under the Information Assurance Program Support contract vehicle, a five-year effort valued at $134 million.

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Application Security Inc., announced product upgrades to its AppDetectivePro and DbProtect solutions this week at Oracle Open World in San Francisco.

HP and Oracle today reaffirmed their long-term strategic partnership and the resolution of litigation regarding Mark V. Hurd’s employment at Oracle. While the terms of the settlement are confidential, Mr. Hurd will adhere to his obligations to protect HP’s confidential information while fulfilling his responsibilities at Oracle. CNBC reported that no money changed hands as part of the settlement but that Hurd may have forfeited some of the stock he was entitled to as part of his departure from HP.

Cloud Management Solution designed to help customers build and securely manage cloud environments across all leading hypervisors, operating systems and hardware platforms

BitLocker to Go, drive encryption built into Windows 7 Ultimate that helps protect sensitive data on USB storage devices, may not as safe as you think.

Fresh off the news that it would acquire OpenPages, IBM

At the recent Forrester Security Forum in Boston, IBM Security executives discussed how companies can more effectively manage cost, complexity and compliance in a world where threats are constantly changing and information is always compounding. Subjects discussed include data controls, malware defense, patch management, misperception of risk, secure by design, and more.

U.S. Cybersecurity Strategy Update

Qualys today announced the release of the second annual “Top Cyber Security Risks Report.” featuring new data from HP TippingPoint DVLabs, SANS Institute and Qualys Research Labs, plus a “deep dive” analysis of PDF attacks, one of the fastest-growing classes of exploits now in play.Qualys's data on patching status for vulnerabilities alone is derived from more than 13 million scans each week.

Former MIS Head at Baltimore Substance Abuse System Indicted for Cybercrime

IBM today announced that it will acquire OpenPages, a provider of risk management and compliance software.

Suit Alleges Companies Pirated Patent for Device-Based Security TechnologyA small Irvine, CA based company has filed a patent infringement lawsuit against several IT security firms including Symantec, CA Technologies, and SafeNet.

IT Security Professionals Optimistic Future Funding. Concerned that Business Partners and Suppliers have been Weakened by Economic Conditions. The U.S. and Europe are behind the times when it comes to achieving maturity in IT security, and they lag in willingness to spend on security as well, according to the newly-released 2011 Global State of Information Security Study by CIO, CSO and PricewaterhouseCoopers.

One third of small-to-medium-sized businesses (SMBs) experienced a malware or virus infection via social networks through July of this year, and 23 percent actually lost sensitive data via these networks, according to Panda Security’s first annual Social Media Risk Index.