Texas-based PlainsCapital Bank has reached a settlement agreement with one of its former customers, Hillary Machinery, which had more than $800 000 stolen from its corporate account by cyber criminals.

Oracle has announced it has reached an agreement to acquire database security firm Secerno.

Two pilot programs from Microsoft have been established in an effort to share pre-update information and aid in protecting critical infrastructure.

Security software group Symantec is to acquire VeriSign’s identity and authentication business in a $1.28bn (£89.1m) cash deal.

Fake anti-virus applications have been around for a few years now, but there are signs that hackers are deploying the scareware apps more and more and, according to Rik Ferguson, Trend Micro’s solutions architect, the economics of fear are what drives …

Microsoft has issued a security advisory for a canonical display driver (cdd.dll) vulnerability affecting Windows 7 and Windows Server 2008 R2.

A former night-shift security guard pleaded guilty to two counts of transmitting malicious code for his role in hacking into computers at a Dallas area medical facility.

Microsoft is to pay $200m in settlement of a patent infringement case brought by VirnetX.

PandaLabs has warned internet users to be aware of a new type of phishing attack, following its investigation of a clone of the Navy Federal company’s website, which is being used by criminals to harvest user credentials.

Around 30 000 new malicious and potentially undesirable programmes appear every day, according to security researchers at Kaspersky Lab.