Intel Corp, a chip maker, has announced plans to purchase McAfee Inc. for $7.68 billion at $48 per share. The per share price is a premium of 62% over McAfee’s closing price of $29.93 a share yesterday. Shares shot up by... (Continue reading)
A new report by McAfee, Inc. has highlighted the need for industry to be more proactive in fighting cyber crime. The report, titled “Security Takes the Offensive,” serves as a “call to arms” for the security industry and contains strategies... (Continue reading)
Last Friday, McAfee officials expressed their praise for the recently proposed cyber bill but voiced reservations over the bill’s possible impact to private sector innovation. The bill, which was introduced by Sens. Joe Lieberman, Susan Collins and Tom Carper, looks to... (Continue reading)
In order to build cyber capabilities, companies have one of two options; invest into expanding your own offerings by building the capabilities into your company structure or acquire a company that already has the capabilities you are seeking. Last week,... (Continue reading)
McAfee, Inc. (NYSE: MFE) haspresented Shawn Henry, Assistant Director in Charge of the FBI Washington Field Office, with the the McAfee Cybercrime Fighter Award. The award was presented last week during the McAfee Public Sector Summit by McAfee President... (Continue reading)
With 34 million samples of malware detected last year, hackers are working overtime with creating nearly 47,000 new malicious code every day, which is causing a “heavy progression of issues” growing at an alarming rate, said David DeWalt, CEO and... (Continue reading)
Social networking giant Facebook has issued a warning to users regarding a new scam that tricks users into downloading a Trojan onto their computers. The Trojan enables the cyber criminal to steal a user’s password for the social networking site. Once... (Continue reading)
This week, RSA’s conference in California looks “ to drive the worldwide information security agenda,” says conference general manager Sandra Toms LaPedis. As instances of cyber attacks continue to grow more prevalent, cyber warriors and national security officials are gathering in... (Continue reading)
The US is perhaps the most networked nation in the world. We utilize information technology networks to conduct business, bank, shop and even conduct warfare. One of the greatest assets of the US infrastructure is the prevalence of IT networks.... (Continue reading)
Dave DeWalt, president and CEO of McAfee, has called for the formation of an international framework to combat the growing threat from cyber crime according to a CRN article. While traveling to the World Economic Forum, where DeWalt will speak... (Continue reading)