BlackRock in advanced talks to take over U.S. cyber security firm Cofense Inc

Complicating the negotiations is the fact that a July 19 deadline that was set by CFIUS has lapsed. Further, the U.S. government has also joined in as a trustee to oversee the sale. In a significant development, according to sources familiar with the matter at hand, following a U.S. national security panel asking Pamplona Capital…

2 of out of 3 hotels leak personal info of guests: Symantec Corp

This is a threat since cyber-criminals are increasingly interested in monitoring the movement of influential business professionals as well as government employees. According to a research report released by Symantec Corp, two out of three hotel websites have inadvertently leaked guests’ booking details as well as personal data to third-party sites, including advertisers and analytics…

Huawei suit against U.S. Government likely to be dismissed

The similarities between the November 2018 Kaspersky Lab’s case, which was dismissed, with Huawei’s lawsuit increases the likelihood that it will meet the same fate. On Thursday, controversial Chinese telecoms equipment maker Huawei Technologies Co Ltd confirmed that it is suing the U.S. government over a section of a defense bill which became law in…

Google and Facebook databases reveal ad spending strategy

Political intelligence gathered from the databases of social media giants are the new tools for campaign strategists. In a first public view of how U.S. technology companies, including Google and Facebook, are yanking advertisements that break their online political ads rules. The duo also provided unprecedented insight into opponents’ online marketing, enabling them to capitalize…

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China-Russia Investment Fund to sink in $1.28 billion in Russia’s Tushino Project Technology Park

The joint venture is aimed at coming up with solutions and implementing breakthroughs in advanced technologies. On Tuesday, in a joint announcement China’s Tus-Holdings along with Russia-China Investment Fund (RCIF) stated they plan on a joint tech collaboration which will see them investing $1.28 billion in Russia’s Tushino Project Technology Park. In its statement, RCIF…

U.S. lawmakers asks Intel, AMD and ARM Holdings to scope out the recently disclosed major flaws in their chips

These questions by the U.S. lawmakers underscores the fact that the U.S. Congress is sensitive to these critical vulnerabilities which can be exploited by state backed hackers to gain access to virtually any modern computing device. A Democratic U.S. lawmaker has requested a briefing on the recently disclosed critical vulnerabilities, Meltdown and Spectre, that hackers…

Microsoft reports receiving a type of warrantless surveillance order from FBI

While downward revising the number of government surveillance requests it received, Microsoft’s transparency report makes for an interesting read. Microsoft Corp stated it had wrongly reported a sharp increase in U.S. government surveillance requests during the first half of 2016, and has revised its figures to show that the level of requests have remained at…