August 2010

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Intel Buys Cyber Security Giant McAfee For $7.68 Billion In Cash...

Intel announced Thursday it will acquire Internet security firm McAfee for 7.68 billion dollars, as the computer chip giant seeks to expand its reach to mobile and wireless devices.
In a statement, Intel said it had entered into a definitive agreement to purchase all of McAfee's common stock at 48 dollars per share, in cash.

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Phishing attacks drop, but threats still exist....

Phishing attacks by Avalanche, one of the most prolific cyber criminal gangs (responsible for two-thirds of the world's phishing attacks in the second half of 2009), have essentially disappeared.