
DDoS extortion campaigns increasingly target businesses
80 percent of European IT security professionals expect their business to be threatened with a DDoS ransom attack during the next 12 months, according to Corero Network …

Keydnap malware opens backdoor, goes after passwords in OS X keychain
ESET researchers have revealed the existence of another new piece of malware aimed at Mac machines and users: Keydnap. Keydnap has the ability to steal passwords and keys …

Growth prospects of the cloud-based information governance market
The global cloud-based information governance market will grow at a CAGR of more than 27% through 2020, according to Technavio. Cloud-based information governance involves the …

Avast to acquire AVG for $1.3 billion
Avast Software and AVG Technologies have entered into a purchase agreement in which Avast will offer to purchase all of the outstanding ordinary shares of AVG for $25.00 per …

Google fixes 108 bugs in July Android security update
Google has released an unusually hefty Android Security Bulletin for July. In fact, so many vulnerabilities have been fixed – 108 in all – that the patches come in …

StubHub fraud ringleader sentenced to state prison
Vadim Polyakov was sentenced to 4-to-12 years in state prison for coordinating an international cybercrime and money laundering scheme that involved the theft of personal …

New rules aim to help EU member states tackle cyber attacks
Firms supplying essential services, e.g. for energy, transport, banking and health, or digital ones, such as search engines and cloud services, will have to improve their …

Author of potentially malicious OS X Pirrit adware discovered
An unnamed web developer working for Israeli marketing and advertising company TargetingEdge is the creator of the Pirrit adware targeting Mac machines, Cybereason security …

Government IT pros overconfident in insider threat detection
An extensive study conducted by Dimensional Research evaluated the confidence of IT professionals regarding the efficacy of seven key security controls, which must be in place …

Worldwide cloud IT infrastructure revenue grows to $6.6 billion
Vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew by 3.9% year over year to …

New Mac OS X backdoor disguised as document converter app
Bitdefender researchers have discovered and analyzed a new, highly dangerous piece of malware targeting Mac systems and users. The malware, dubbed “Eleanor,” opens …

EU to invest €450 million in cybersecurity research
The European Commission launched a new public-private partnership on cybersecurity that is expected to trigger €1.8 billion of investment by 2020. The EU cybersecurity …
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