Raytheon to buy cybersecurity firm Websense in $1.9 billion deal

Deal will add more than 20,000 commercial customers to predominantly government portfolio

Reuters

(Reuters) - U.S. arms maker Raytheon Co is buying network security provider Websense Inc from private equity firm Vista Equity Partners LLC in a $1.9 billion deal, the latest in the fast-growing cybersecurity market.

Several companies, including Sony Corp, Staples Inc, Home Depot Inc and Target Corp, have been targets of high-profile data thefts over the past two years.

Cyber threats must be addressed without trade barriers: U.S. commerce secretary

Business associations from the US, Japan and EU bring concerns to Chinese officials

Reuters

BEIJING (Reuters) - Cybersecurity threats must be addressed without creating barriers to trade or investment, U.S. Secretary of Commerce Penny Pritzker said on Tuesday, during a visit to China as part of a trade delegation.

U.S. officials, including President Barack Obama, have raised concerns about cybersecurity regulations China is now considering that could limit opportunities for foreign technology companies, including a draft anti-terrorism law and so-called "secure and controllable" rules on banking technology.

Chinese hackers target Southeast Asia, India, researchers say

The Cyberspace Administration of China, the Internet regulator, did not respond to requests for comment

Reuters

(Reuters) - Hackers, most likely from China, have been spying on governments and businesses in Southeast Asia and India uninterrupted for a decade, researchers at internet security company FireEye Inc said.


In a report released on Monday, FireEye said the cyber espionage operations dated back to at least 2005 and "focused on targets - government and commercial - who hold key political, economic and military information about the region."

U.S. FCC imposes $25 million fine on AT&T over customer data breach

Data was used by call center employees to request handset-unlock codes and shared with third parties

Reuters

NEW YORK (Reuters) - The Federal Communications Commission reached a $25 million settlement with AT&T Inc over a consumer data breach at call centers in Mexico, Colombia and the Philippines, the U.S. communications regulator said on Wednesday.


The breaches led to unauthorized disclosure of names and full or partial Social Security numbers and illegal access to account information of about 280,000 U.S customers of AT&T, a senior FCC official told reporters on a conference call.

Singtel buying U.S. cyber security firm Trustwave for $810 million

Moving away from being a pure-play telecoms company, pursues areas such as 'digital life'

Reuters

SINGAPORE (Reuters) - Singapore Telecommunications, Southeast Asia's largest telecommunications operator by revenue, is buying U.S.-based cyber-security firm Trustwave for $810 million, marking its biggest acquisition outside the main telecoms sector.


The deal comes as Singtel is moving away from being a pure-play telecoms company and pursues expansion in areas such as "digital life", which includes mobile video and digital advertising, and cyber security through partnerships with FireEye Inc and Akamai, among others.

Rights group sues DEA over bulk collection of phone records

Asks court to declare program unlawful and to bar the DEA from collecting call records in bulk again

Reuters

(Reuters) - Opening another front in the legal challenges to U.S. government surveillance, a human rights group has sued the Drug Enforcement Administration for collecting bulk records of Americans' telephone calls to some foreign countries.


Lawyers for Human Rights Watch filed the lawsuit on Tuesday in U.S. District Court in Los Angeles. The lawsuit asks a judge to declare unlawful the DEA program, which ended in September 2013 after about 15 years, and to bar the DEA from collecting call records in bulk again.

Destructive hacking attempts target critical infrastructure in Americas

OAS survey finds 40 percent of respondents have battled attempts to shut down their computer networks

Reuters

A poll by the Organization of American States found that 40 percent of respondents had battled attempts to shut down their computer networks, 44 percent had dealt with bids to delete files and 54 percent had encountered “attempts to manipulate” their equipment through a control system.

China's Huawei given clean bill of health by UK security board

Could serve as model for governments, operators and equipment providers to work together on cyber security

Reuters

LONDON (Reuters) - China's Huawei Technologies Co Ltd, the telecoms equipment company whose products are now integral to various mobile and fixed-line networks, poses no threat to Britain's national security, a board established to monitor the company's operations said.

The world's second largest telecoms equipment maker set up an independent cyber security evaluation center in Oxford in 2010 in conjunction with the government to check whether its equipment could pose a threat to national security.

Eighty percent of global merchants fall short on card data security compliance

Report of data from 30 and 5,000 firms finds only 20 percent to be fully compliant

Reuters

CHICAGO (Reuters) - Four out of five global retailers and other merchants failed interim tests to determine whether they are in compliance with payment card data security standards, putting them at increased risk of cyberattacks, according to a new report by Verizon Communications Inc.

NXP deal means security to come built-in on far more devices: CEO

Together, NXP and Freescale become world's 7th largest semiconductor maker

Reuters

BARCELONA (Reuters) - The merger of NXP and Freescale will bring together two highly diversified chipmakers to create a more focused, leading player in two high-growth markets - automotive electronics and security, NXP's top executive said on Wednesday.

The cash and stock deal, announced on Monday, valued Freescale at $11.8 billion, excluding debt, and is expected to close in the second half of the year, subject to regulatory approvals. An overlapping business in radio frequency amplifier chips will be sold to ease antitrust concerns.

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