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Security

Big Blue Buys into Cybersecurity

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Big Blue Buys into Cybersecurity

IBM completes the acquisition of Israel-based enterprise security firm Trusteer, a company Big Blue hopes will "extend [its] data security capabilities further into the cloud, mobile and endpoint security space."

Together with the purchase IBM also forms a cybersecurity software lab in Israel, where Truteer employees and IBM researchers will work together on mobile and application security, threat protection, malware, counter-fraud and financial crimes. 

Formed in 2006, Trusteer counts a number of large US and UK banks as customers. It offers counter-fraud and advanced persistent threat (APT) protection as a Software-as-a-Service (SaaS) solution, together with account takeover prevention via compromised device detection, fingerprinting and a global fraudster database.  Read more...

How Many Companies Report Breaches?

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How Many Companies Report Breaches?

According to an AlienVault survey only 2% of participant EU-based companies would publicly admit of suffering a security breach-- preferring to keep quiet instead of facing the reputation consequences. 

The survey also reveals 38% of participant companies would inform the relevant authorities, 31% would inform their employees and just 11% would share the information with the security community. 

"On the one hand, publicising a breach would help other businesses avoid falling prey to attacks," Alienvault says. "On the other, damage to your brand and reputation could be significant."

Making breaches public might bear even more significant risks in the near future-- the European Commission data protection law proposal suggests companies should face fines of up to 2% of global annual turnover in event of security breach. Read more...

Security for Cloud-Hosted Apps, VDI

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Security for Cloud-Hosted Apps, VDI

AFORE Solution launches CypherX-- a cybersecurity solution for virtualised desktop (VDI) and cloud-hosted applications based in Windows environments, including VMware, Citrix and Microsoft VDI deployments. 

Deployable by either cloud providers or private cloud customers, CypherX sits between the application and OS and uses AES 256-bit encryption to secure data flowing between the file system and the network or clipboard. 

It works on multiple hypervisors (VMware vSphere, Microsoft Hyper-V, Xen, KVM) and supports multiple virtual desktop platforms (VMware Horizon View, Citrix ZenDesktop, Microsoft VDI).  Read more...

The STAP Opportunity

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The STAP Opportunity

The rise of increasingly sophisticated threats able to evade signature-based defenses brings rise to a new security market segment, IDC reports-- so-called Specialised Threat Analysis and Protection (STAP). 

STAP products predominantly detect malicious activity via signature-less technology (sandboxing, emulation, big data analytics, containerisation). Such solutions are based at the network level or endpoint (or both) and scan both inbound and outbound traffic for anomalies such as botnet and command and control traffic. 

The category also includes malware reverse engineering and forensic analysis products.  Read more...

Symantec Revenues Up, Profits Down

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Symantec Revenues Up, Profits Down

Follow a companywide "organisational simplification initiative" Symantec reports fiscal Q1 2014 revenues of $1.7 billion with 2% growth, even if profits drop by -9% Y-o-Y to $157m. 

The company makes most revenue from User Productivity & Protection, a segment representing 43% of total Symantec revenues-- if with a -1% Y-o-Y decline on revenues worth $732m. 

Information Security (covering mail & web security, authentication services, data center security, Managed Security Services (MSS), hosted security services, and Data Loss Prevention (DLP) businesses) revenues are up by 7% Y-o-Y to $336m, while Information Management grows by 4% Y-o-Y to $641m. 

The company also sees 8% Y-o-Y growth from EMEA. The region represents 27% of total Symantec revenues.  Read more...

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