Oracle faces US$100 million lawsuit 

Oracle faces US$100 million lawsuit

Passlogix acquisition trouble.
Google confirms $US8.5M Buzz settlement 

Google confirms $US8.5M Buzz settlement

Google tells Gmail users it has come to a settlement for a class action.
Google offers US$8.5 million settlement in legal case over Buzz 

Google offers US$8.5 million settlement in legal case over Buzz

Follows widespread criticism from privacy groups.
Up to five million parked domains served malware widget 

Up to five million parked domains served malware widget

Malware monitors user's browsing.
Cybercrime costs businesses US$3.8 million per year 

Cybercrime costs businesses US$3.8 million per year

One attack per week.
44 million stolen gaming credentials discovered 

44 million stolen gaming credentials discovered

Wayi Entertainment the main target.
US student loans guarantor loses data of 3.3m people 

US student loans guarantor loses data of 3.3m people

Data containing names, addresses, Social Security numbers and dates of birth stolen.
Malware to hit 1 million mark in days 

Malware to hit 1 million mark in days

Security vendor, F-Secure is days away from capturing its unprecedented one millionth piece of malware.
White House 'loses' five million emails 

White House 'loses' five million emails

The White House has stated that it is unable to provide investigators with over five million emails relating to the run-up to the Iraq war because it has accidentally deleted ...
Los Alamos breach to cost University of California US$2.8 million 

Los Alamos breach to cost University of California US$2.8 million

The University of California system has agreed to pay the US Department of Energy (DOE) a US$2.8 million fine as a result of a security breach at Los Alamos National Laboratory ...
TJX agrees to US$41 million settlement with Visa 

TJX agrees to US$41 million settlement with Visa

Embattled retailer TJX Companies - the parent of TJ Maxx, Marshalls and other well-known outlets - has agreed to a nearly US$41 million settlement with Visa.
Los Angeles botmaster faces 60 years in prison, US$1.75 million fine 

Los Angeles botmaster faces 60 years in prison, US$1.75 million fine

A California man is facing a maximum of 60 years in prison and a US$1.75 million fine after agreeing to plead guilty to using botnets to steal PC users' personal and financial ...
Endace buys MSSP Applied Watch for $5 million 

Endace buys MSSP Applied Watch for $5 million

New Zealand-based network monitoring provider Endace has acquired Applied Watch Technologies, a managed security services provider, for US$5 million.
McAfee buys encryption provider SafeBoot for US$350 million 

McAfee buys encryption provider SafeBoot for US$350 million

McAfee today acquired mobile encryption provider SafeBoot for US$350 million to boost its enterprise data security offerings.
Citrix acquires XenSource in US$500 million deal 

Citrix acquires XenSource in US$500 million deal

Citrix announced today that it has reached an agreement to acquire XenSource, a Palo Alto, Calif.-based virtual infrastructure solutions provider.
Fidelity: employee stole, sold 2.3 million consumer records 

Fidelity: employee stole, sold 2.3 million consumer records

In one of this year's largest data breaches, financial processing company Fidelity National Information Services revealed on Tuesday that a subsidiary's employee stole 2.3 ...
Guilty CAN-SPAMMER faces nearly six years in prison 

Guilty CAN-SPAMMER faces nearly six years in prison

The Southern California man who was the first person convicted under the US CAN-SPAM Act of 2003 for operating a sophisticated "phishing scheme" has been sentenced to nearly ...
Symantec seeks $67M in eight piracy lawsuits 

Symantec seeks $67M in eight piracy lawsuits

Symantec has filed suit against eight companies accused of being software pirates, seeking a total of more than US$55 million in damages.
Symantec seeks US$55M in eight piracy lawsuits 

Symantec seeks US$55M in eight piracy lawsuits

Symantec has filed suit against eight companies accused of being software pirates, seeking a total of more than US$55 million in damages.
Budget allocates $13.6M  

Budget allocates $13.6M

Australians will soon have access to a national e-security alert service that will provide security warnings as part of the Federal Budget.
Websense acquires competitor SurfControl for US$400 million 

Websense acquires competitor SurfControl for US$400 million

Web security provider Websense has taken a big chunk out of its competition, announcing today plans to acquire UK-based SurfControl for about US$400 million.
Former CA CEO to pay US$800mn in fraud restitution to investors 

Former CA CEO to pay US$800mn in fraud restitution to investors

Embattled former CA CEO Sanjay Kumar, who was sentenced to 12 years in prison after bogusly inflating the company's stock price to meet Wall Street's expectations, has agreed ...
Lost: Disk with personal information of 2.9 million US residents  

Lost: Disk with personal information of 2.9 million US residents

Georgia health officials reported today that a vendor working with the Georgia Department of Community Health is missing a disk containing the names, birth dates and Social ...
FBI: Web fraud cost more than US$200 million in 2006 

FBI: Web fraud cost more than US$200 million in 2006

Male. Between 30 and 50 years old. Residing in California, Texas, Florida or New York. That's the most likely profile for a 2006 victim of web-based crime, according to a ...
Online fraud losses soared to $88m last year in UK 

Online fraud losses soared to $88m last year in UK

Online fraud losses soared to £33.5 million ($88 million) last year, with an increase of 44 per cent from 2005 following a surge in phishing attacks, new research shows.
US$3m frozen after pump-and-dump hacking  

US$3m frozen after pump-and-dump hacking

A US federal judge froze US$3 million in assets from a Latvian bank's US trading account accused of orchestrating what the Securities Exchange Commission (SEC) is calling "a ...
US$400 million corporate espionage incident at DuPont 

US$400 million corporate espionage incident at DuPont

The US Department of Justice (DOJ) pulled the covers off a previously-sealed case of corporate espionage by a former DuPont scientist who stole US$400-million in intellectual ...
1.8 million more people affected by latest VA loss 

1.8 million more people affected by latest VA loss

The public relations nightmare for the US Department of Veterans Affairs (VA) worsened this week with the announcement that last month's loss of a relatively low impact hard ...
Social Security numbers of 1.3 million Chicago voters distributed to candidates 

Social Security numbers of 1.3 million Chicago voters distributed to candidates

The Social Security numbers (SSNs) of 1.3 million Chicago voters were compromised when they were distributed to city aldermen and ward committeemen this month.
County treasurer accused of funneling US$1.2million to Nigerian fraud scam 

County treasurer accused of funneling US$1.2million to Nigerian fraud scam

A former Michigan county treasurer was arrested last week for allegedly embezzling more than US$1.2 million in public funds to a Nigerian fraud scam.
Cisco acquires IronPort for $830 million 

Cisco acquires IronPort for $830 million

In a move that will boost Cisco Systems' presence in the security arena, the networking giant announced plans today to acquire enterprise spam- and spyware-protection provider ...
Websense snags PortAuthority for US$90 million 

Websense snags PortAuthority for US$90 million

Internet filtering vendor Websense today joined the hot information leakage prevention market by acquiring PortAuthority Technologies for US$90 million.
US reaches milestone: 100 million records exposed  

US reaches milestone: 100 million records exposed

Two months after the U.S. population reached 300 million people, the nation realised a more troubling statistical milestone when the nonprofit organisation, Privacy Rights ...
Four million UK users hit by ID theft 

Four million UK users hit by ID theft

Figures released by Sainsbury's Bank in the UK have shown that 4.1 million Britons have fallen victim to identity theft.
Study of Justice Department prosecutions places average cybercrime loss at $3 million 

Study of Justice Department prosecutions places average cybercrime loss at $3 million

Corporations attacked by cybercriminals lost an average of $3 million per case, according to a study of prosecutions by the U.S. Department of Justice over the past seven years.
Secure Computing and CipherTrust merge in $273.6 million deal 

Secure Computing and CipherTrust merge in $273.6 million deal

Secure Computing announced Tuesday that it is purchasing CipherTrust for total consideration of $273.6 million.
More than 2 million active-duty troops affected by VA breach 

More than 2 million active-duty troops affected by VA breach

As many as 2.2 million members of the U.S. Armed Forces may have been also been affected by last month’s theft of a Department of Veterans Affairs (VA) laptop.
Personal info of 26.5 million veterans lost 

Personal info of 26.5 million veterans lost

Electronic data containing the personal information of as many as 26.5 million veterans and some spouses has been stolen from the home of a Department of Veterans Affairs (VA) ...
RSA acquires PassMark for almost $45 million 

RSA acquires PassMark for almost $45 million

RSA Security announced today it has acquired PassMark Security, a leader in online banking authentication solutions, for $44.7 million
Zombies attack million dollar website 

Zombies attack million dollar website

The student that made a million dollars in four months by selling pixels on a web page has had his site come under a DoS attack by extortionists.
VeriSign acquires iDefense for $40 million 

VeriSign acquires iDefense for $40 million

VeriSign bolstered its managed security services with the acquisition of security intelligence firm iDefense for about $40 million in cash.
$11 million dollar phishing pair jailed 

$11 million dollar phishing pair jailed

An American and a Scotsman have been jailed for their part in an international phishing scam that netted the pair $11 million dollars (£6.5 million). The men now face a total ...
Security breach hits 40 million card holders 

Security breach hits 40 million card holders

Forty million credit cards were exposed to potential fraud in a security breach at a payment-card processor.
Network Appliance to buy Decru in $272 million deal 

Network Appliance to buy Decru in $272 million deal

Data storage supplier Network Appliance has agreed to buy storage security firm Decru for $272 million in cash and stock.
Citigroup notifies 3.9 million customers of lost tapes with their data 

Citigroup notifies 3.9 million customers of lost tapes with their data

Citigroup on Monday said it is notifying 3.9 million consumer lending customers that computer tapes containing their personal data were lost by UPS while enroute to a credit ...
Two million hit the Opera 

Two million hit the Opera

In a further challenge to Internet Explorer’s browser hegemony Opera 8 has reached two million downloads.
Firefox passes 50 million threshold 

Firefox passes 50 million threshold

Firefox, the open source browser launched last November, today passed the 50 million download mark. At the same time Blake Ross, Firefox's creator, took a side swipe at rival ...
Security event management $800 million market by 2008 

Security event management $800 million market by 2008

Enterprises will spend $330 million on security event management (SEM) solutions this year and will spend $800 million on the technology by 2008, according to research firm ...
Symantec wins $3.1 million judgment against counterfeiter 

Symantec wins $3.1 million judgment against counterfeiter

Symantec has been granted a $3.1 million judgment against a man who allegedly used pop-up ads to trick consumers into buying counterfeit software.
1.4 million hit in massive data theft  

1.4 million hit in massive data theft

1.4 million credit card and 96,000 check transaction details have been stolen from a U.S. retailer DSW Shoe Warehouse.
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