Earlier this month the co-founders of anti-virus software vendor Sophos agreed to sell a majority stake in the company to private equity group Apax Partners in a deal worth $300 million.

Mikko Hypponen, F-Secure’s chief research officer, says he applauds the actions of law enforcement offices around the world in bring increasing volumes of cybercrminals to justice in the first four months of 2010.

German enterprise software maker SAP has agreed to acquire US database and mobility software producer Sybase for $5.8bn.

Microsoft issued two security bulletins on Tuesday for what the company called “critical” patches to the Windows OS, Office suite, and Visual Basic.

A Florida couple accused of selling off patient records from a Miami-area medical center had their plea agreements rejected by a Federal court judge yesterday.

The Maryland Attorney General announced the state has settled a case against payment card processor Mid Atlantic Processing, which allegedly improperly disposed of 77 boxes containing client data.

Reports are coming in that large numbers of Twitter account holders have had their online accounts compromised, with the accounts apparently generating messages advertising a website that claims to help users attract more followers.

A newly released survey from (ISC)² shows that federal CISOs are avoiding cloud computing applications due to concerns about replicating IT security policy in the cloud.

Research just released claims to show that China, the US and the Russian Federation contributed 49% of all web-based threats reported in April 2010.

Fresh from its security problems of earlier in the week when members’ chat sessions were visible to third-party users, Facebook has come under fire for allegedly installing applications on users’ Facebook areas by stealth.