With a very interesting move, Intel buys the software security giant McAfee for $7.8bln  and the Cable Modem Unit from Texas Instruments for an undisclosed amount. Almost one yeag ago, Intel bough Wind River, a world leader in embedded and mobile software and apparently with the acquisition of McAfee, Intel tries to become one of the big players in the handheld market. The acquisition [...]

  Recently Symantec announced it will buy GuardianEdge Technologies and PGP Corporation. Both companies have a strong background in developing encryption software and very good customers (reaching almost to 100% of Fortune 100).  Acquiring both companies, Symantec plans to expand its solutions to protect confidential information and secure customer’s data. Customers depend on having encryption software as part of a regulatory [...]

According to Click Forensics and Anchor Intelligence, almost a third of the clicks to online ads were fraudulent in the first three months of this year. That’s a 25% increase from the last quarter of 2009. Usually the fraud is done by cybercriminals that create various websites containing only ads. After that, they rent the services of groups that control [...]

CyberSource, a leading provider of Credit Card Processing for Business, Electronic Payment & Risk Management Solutions is acquired by Visa Inc. Today both companies have entered into a definitive agreement for Visa to purchase CyberSource for approximately $2.0 billion, paid with cash on hand. “By joining forces with the world’s foremost payments company, we will have the opportunity to utilize [...]

The Financial Industry Regulatory Authority (FINRA) has fined Davidson & Co.  fined $375,000 over 2007 data breach  resulted in the exposure of customer names, account numbers, addresses, social security numbers, dates of birth and other confidential information belonging to about 192,000 customers. Davidson & Co. learned of the breach in January 2008 when it received an extortion note from one [...]