Notorious Megaupload founder Kim Dotcom will soon launch a new file-sharing service similar to the one that got him in trouble in the first place, with the newly picked URL Me.ga.
Tenable Network Security has taken $50 million in its first round of funding for its software that protects against cyber crime.
The outgoing executive assistant director of the F.B.I., Shawn Henry, is not leaving on an optimistic note. “We’re not winning,” the nation’s top cyber-cop told the Wall Street Journal. ”I don’t see how we ever come out of this without changes in technology or changes in behavior, because with the status quo, it’s an unsustainable model. Unsustainable in that you never get ahead, never become secure, never have a reasonable expectation of privacy or security.”
On Friday of last week, U.S Marshalls entered office buildings in Pennsylvania and Illinois that are believed to be home to some of the biggest botnet armies on the web. But the law enforcement was just backup for the real investigators, Microsoft, who had secured a warrant from a federal judge to gather evidence and deactivate servers used by the criminals to infect people’s computers and harvest their personal data.
Mykonos Software sets “tar traps” to catch of cyber criminals trying to hack your Web app. The company announced a $4 million first round of funding today.
Over $10 million will be intercepted by cyber criminals this holiday season, as consumers turn toward the Internet for their presents.
Hacker group LulzSec has identified and released private information about the names of two individuals that might have led to the arrest of a 19-year-old U.K. man suspected of being a member of the group.
Epsilon, the largest email marketing company, is reeling from a huge breach of its clients’ personal email data. At least 19 major brands (and as many as 50) have been affected by the cyber attack, where hackers broke into the company’s systems and stole names and email addresses of lots of people.
Guest Post (Editor’s note: Chris Drake is CEO and founder of FireHost, Inc., a secure Web hosting company. He submitted this story to VentureBeat.)