IBM posted strong fourth quarter results Monday, beating profits and sales targets as it rode to the rescue of a sagging stock market by providing renewed optimism about technology earnings. Big Blue's profit rose 24 percent to $2.80 per share in the fourth quarter of 2007 while revenue increased 10...
IBM unveiled a slew of new security products and services and said it would continue to invest heavily in security innovations to address customer needs for a more comprehensive approach to information technology risk. On the heels of a security-related buying spree, Big Blue will spend at least $1...
In a bid to further broaden its product offerings beyond core Internet gear, Cisco Systems said Thursday it would buy security software marker IronPort in a deal valued at $830 million. Cisco said the cash-and-stock purchase would enable it to extend its "self-defending network" approach to include ...
IBM is making yet another splashy acquisition, this time in the data security arena. The computing giant will pay US$1.3 billion to acquire Internet Security Systems, it announced Wednesday. The deal, which values ISS at $28 per share in cash -- an 8 percent premium over the previous day's closing p...
Online attackers today are using popular sources of pornographic images to target a recently revealed weakness in Microsoft software and to spread a Trojan that can provide remote access and control of infected computers. Just two weeks after Microsoft warned of a vulnerability in virtually all vers...
Police in Taiwan have arrested Wang An-ping, a 30-year-old man who reportedly admitted to authoring Trojan code later used to steal and destroy information on government-owned computers. The arrest marks the second major capture of the week in the information security enforcement arena. Also in cust...
The Federal Bureau of Investigation and a handful of other law enforcement agencies have charged 125 people with a host of Internet-related crimes, ranging from identity theft and software piracy to auction fraud and hacking. The FBI said those arrested so far in Operation Cyber Sweep are responsibl...
Microsoft has set up a $5 million "reward fund" to pay bounties to anyone who can track down writers of certain malicious code. Right now, the company is offering to pay two $250,000 bounties for information that leads to the capture and conviction of the authors of the SoBig and Blaster worms. Micr...
Security experts have warned that the holiday weekend could bring an onslaught of defacement attacks on U.S. Web sites, not as a result of anti-American sentiment, but instead because of a purported contest among domestic hackers. "The Defacers Challenge" reportedly is a race to see which computer h...
On paper, Symantec appears to be one of the hottest tech companies around. Propelled in part by users' need to defend against a rash of destructive and well-publicized computer worms like Code Red, Nimda and SirCam, its stock price has jumped 70 percent in the past year. Nonetheless, leading industr...
Ban
Regulate
Maintain status quo
Undecided
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