Ottawa investing $826,000 to protect us from exploding sausages
It seems exploding sausages are quite a problem in Canada, at least to the governing Conservatives, who announced an $826,000 investment in Cardinal Meat Specialists, a company developing burst-proof sausages.
Cybersecurity: Bit9 Gets $34.5M From Sequoia, Others For Its Whitelist Approach To Fighting Attacks
Hacking, viruses, megabreaches and other cybercriminal activity are on the increase, and cybersecurity specialists Bit9, which works with 30 of the Fortune 100 companies, has today announced a significant round of funding, $34.5 million, to help fight it. The Series D investment, the biggest yet for Bit9, was led by new investor Sequoia Capital, with participation from existing investors Atlas Venture, Highland Capital Partners, Kleiner Perkins Caufield & Byers, and .406 Ventures. The growth of cybercrime has massively increased the need for companies to protect their data, and that is giving rise to a number of new approaches for how to do that most effectively. Bit9's approach plays on a new trend among cybersecurity companies: traditional protection is based around the concept of a blacklist of forbidden sites, but Patrick Morley, the CEO of Bit9, explains that his company turns this on its head to focus not on what shouldn't be allowed in, but only on what should -- the so-called ...
Network Testing Consolidation: Ixia Pays $160M Cash For Security-Focused BreakingPoint Systems
Some M&A activity among those companies that work behind the scenes so that carriers can continue to deliver your apps, streamed music, phone calls and texts without a hitch: the network testing company Ixia has announced that it will be paying $160 million in cash to buy BreakingPoint Systems. BreakingPoint is a specialist in security testing for wireless and wireline networks, as well as attack analytics, with more than 34,000 examples of attacks, malware and exploits parsed in its library. The move means that Ixia will be able to offer its carrier and large enterprise customers a fuller portfolio of services for network testing -- but perhaps more importantly it is a sign of how the growth in mobile and fixed data networks -- on the back of the smartphone and tablet boom -- has led to a bigger focus on security threats, data breaches and privacy protection.
McAfee: Sneaky Teens Surf On PCs More Than Mobile, Facebook Rules Over All Other Social Networks
Going mobile may be the mantra for a lot of tech companies these days, but if they're in the business of targeting teenagers with their services, perhaps they should think twice: over 37 percent of teens use laptops, and a further 30 percent rely on desktop machines to surf online and engage with digital content, but only 13.5 percent use smartphones and only five percent use tablets, according to a new study out today from Intel-owned security specialists McAfee. The study, covering online activity among U.S. teens, also reveals a pretty massive disconnect between parents and their kids when it comes to how the latter is using the internet -- with some big security implications within that -- and the revelation that teens are not actually that rebellious compared to their adult counterparts when it comes to engaging with social media, in many cases using the same sites their parents do to communicate with each other.