China's ZTE Corp, which recently sold Iran's largest telecommunications firm a powerful surveillance system, later agreed to ship to Iran millions of dollars worth of embargoed U.S. computer equipment, documents show.
Cloud security startup CloudPassage has raised $14 million in second-round funding, with an aim of helping businesses like Foursquare, StrongMail, and others secure their data in the cloud, the company announced Wednesday.
Australia's decision to ban Huawei Technologies from bidding for contracts in Australia's $38 billion high-speed broadband network is unfair and Beijing is "deeply concerned," China's Ministry of Commerce said on Friday.
"The Australian side should not, without any proven facts, keep companies away from normal competition for so-called security reasons," Shen Danyang, a ministry spokesperson said in a statement on the ministry's website.
Eurotech, a supplier of embedded technologies, products and systems, last week announced the launch of SekuFACE, a new family of IP-based Biometric Face Recognition Systems that target demanding security applications where intelligent association of personal identity and permission rights is needed.
British chip designer ARM Holdings said on Tuesday it was linking up with SIM card manufacturer's Gemalto and German technology firm Giesecke & Devrient to increase security for services running on smartphones and tablets. The companies said the joint venture would drive adoption of a common security standard in mobile devices, such as smartphones using Google's Android operating system.
The software revolution sparked by mobile apps and marketplaces is now spreading to business users, particularly small and medium-sized businesses (SMBs). Developers are creating an increasing number of sophisticated, cloud-based business applications that can be used to manage everything from email marketing and web conferencing, to project management and security.
ADTRAN Inc., a provider of next-generation networking services, on Tuesday announced that Session Border Control (SBC) software functionality has been added to its enterprise business gateways and routes. SBC has been added to its NetVanta 3430 and 6000 series, as well as its Total Access 900e IP Business Gateways.
Australia has blocked China's Huawei Technologies Co Ltd from tendering for contracts in the country's $38 billion National Broadband Network (NBN) due to cyber security concerns, Huawei said on Monday.
ZTE Corp, China's second-largest telecommunications equipment maker, said it will "curtail" its business in Iran following a report that it had sold Iran's largest telecom firm a powerful surveillance system capable of monitoring telephone and Internet communications.
Reuters reported Thursday that ZTE (Shenzhen, P.R.C.) had signed a $130.6 million contract with the Telecommunication Co of Iran in December 2010 that included the surveillance system.
According to a recent report by Pike Research, utility operators are now in open discussions about protection products for smart grid security, and these conversations will lead to significant growth in the sector over the next several years. Cumulative smart grid cyber security investment from 2011 to 2018 will total $14 billion, the cleantech market intelligence firm forecasts.