VENTURE CAPITAL POST

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.

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.

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.

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.

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.

China could have a new homegrown operating system by October to take on imported rivals such as Microsoft Corp, Google Inc and Apple Inc, Xinhua news agency said on Sunday.

Retailers in the US are feeling the pressure to increase their cybersecurity spending as they compete against online rivals and strive to meet the October 2015 deadline by Visa and MasterCard to be able to use chip-enabled payment cards, Reuters reported.

A major retail chain in New Zealand was the subject of a phishing attack from overseas criminals.

A letter given by NSA Inspector General George Ellard to Senator Charles E. Grassley confirmed that some NSA employees used the agency's signals intelligence powers to spy on their romantic interests.

Foreign ministers of the BRICS nations expressed concerns about cyber snooping reports on individuals, businesses and country leaders.

Cybersecurity software developer FireEye Inc raised USD 304 million for its IPO.

The much awaited IPO of cybersecurity firm FireEye would push through with a pegged price of between USD12 and USD14 per share.