cybersecurity

Verizon Acquires Yahoo For $4.8 Billion

Verizon Demands Better Deal Terms After Yahoo’s Widescale Breach

Yahoo is under renewed scrutiny after its second disclosure of breach within this year. The major hacking incidents the company has been involved in puts a risk on its deal with Verizon. Although Verizon has not confirmed any plans of ditching the purchase, reports indicated that the company is demanding for better deal terms for the acquisition.

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K.K.R. Enters Cybersecurity Deal; Extends Company Flurry Activities

K.K.R. Enters Cybersecurity Deal; Extends Company Flurry Activities

On Tuesday, K.K.R. announced its acquisition of Optiv Security, a provider of cybersecurity services, adding to a list of deals over the past five months that include the purchase of the cloud-based software company Epicor and the call-center software maker Calabrio.

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Intel To Purchase McAfee For 7.68 Billion

Silver Lake invest $500 million in Symantec

Private equity firm Silver Lake will invest $500 million in cyber security company, Symantec. The money from the investment will be used by the company to buy back shares and issue a $4 dividend to shareholders.

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Taxi Drivers Protest Possible Uber Expansion In NYC

Uber agrees to pay $20,000 in settlement regarding its "God View" system

Uber has agreed to pay $20,000 in fine and adopt a better data security provisions in a settlement signed with the New York Attorney General, Eric Schneiderman. Besides that, the company also agrees to limit the number of employees allowed to use the system.

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Phil Schiller

Apple's iOS App Store Gets Invaded By 'XcodeGhost'

Recently, Apple has been having problems with the iOS download leaving iPhone devices to crash and Apple fans deeply frustrated. Some were lucky enough to get the new operating system, but others were unfortunate.

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U.S.-China relations

U.S., China appear to get little done in removing economic barriers

The United States and China urged each other on Wednesday to remove barriers to foreign investment, saying that business ties were vital to overall relations, although they appeared to achieve little beyond rhetoric at a high profile three-day meeting that was overshadowed by security rivalries.

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Cybersecurity

Cyber IPO pipeline grows as data breaches boost security spending

Rapid7, LogRhythm and Mimecast are joining a growing list of cybersecurity firms planning to go public in 2015 to capitalize on investor interest following a spate of hacker attacks, according to people familiar with the matter.

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Cisco

France says Cisco to invest 100 million euros in French startups

U.S. network equipment maker Cisco Systems Inc. plans to invest $100 million in French start-ups, French Prime Minister Manuel Valls' office said on Monday.

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Cyber crime

Experts warn 2015 could be 'Year of the Healthcare Hack'

Security experts are warning healthcare and insurance companies that 2015 will be the "Year of the Healthcare Hack," as cybercriminals are increasingly attracted to troves of personal information held by U.S. insurers and hospitals that command high prices on the underground market.

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New York Stock Exchange

Cyber ring stole secrets for gaming U.S. stock market: FireEye

Security researchers say they have uncovered a cyber espionage ring focused on stealing corporate secrets for the purpose of gaming the stock market, in an operation that has compromised sensitive data about dozens of publicly held companies.

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US Postal Service

U.S. Postal Service data breach may compromise staff, customer details

The U.S. Postal Service was the victim of a cyber attack that may have compromised the personal information of more than 800,000 employees, as well as data on customers who contacted its call center during the first eight months of this year.

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JPMorgan Chase & Co

Banks to launch new tool to fight hackers: WSJ

A group of cybersecurity firms funded by big banks plan to launch a platform that will allow financial companies to communicate faster about potential cyber breaches, the Wall Street Journal reported.

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iPhone 6 in Hong Kong

Advanced iOS virus targeting Hong Kong protestors -security firm

Cybersecurity researchers have uncovered a computer virus that spies on Apple Inc's iOS operating system for the iPhone and iPad, and they believe it is targeting pro-democracy protesters in Hong Kong.

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Network Hacking Drill

Hackers exploit 'Shellshock' bug with worms in early attacks

Hackers have begun exploiting the newly identified "Shellshock" computer bug, using fast-moving worm viruses to scan for vulnerable systems and then infect them, researchers warned on Thursday.

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Wireless link between two cars

Cars that drive themselves starting to chat with each other

An Acura RLX sedan demonstrated an unusual way to tow another car this week: the vehicles were not physically attached. The second car drove itself, following instructions beamed over by the first in a feat of technology that indicates a new stage in automation is happening faster than many expected.

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