Cybersecurity vendor FireEye has acquired iSight Partners for $200 million.
Based in Dallas, iSight offers a subscription threat intelligence service for enterprises. The firm employs a team of security experts across 17 countries to search for evidence of online threats and cybercrime.
Two weeks after announcing it’s working with Lyft on a network of self-driving cars, General Motors is snapping up employees and intellectual property from the recently defunct ride sharing company Sidecar.
The move, reported by Bloomberg Business, will bring about 20 former Sidecar employees to GM, including CTO Jahan Khanna. GM has confirmed it’s scooping up employees and IP from Sidecar, but declined to specify details.
‘Crime wave’ is an understatement when you consider the costs that businesses are suffering as a result of cyber crime. ‘Epidemic’ is more like it. IBM Corp.’s Chairman, CEO and President, Ginni Rometty, recently said that cyber crime may be the greatest threat to every company in the world.
Three years ago, the The Wall Street Journal estimated that the cost of cyber crime in the U.S. was approximately $100 billion. The estimate disputed other reports which pegged the numbers by as much as ten times higher.
Some companies will pay hackers up to US$1 million in ransoms to claw back stolen data according to a poll by the Cloud Security Alliance.
The survey garnered 209 respondents of which half were in IT security and a third from tech with most hailing from companies with up to 1000 staff and a quarter from large enterprises with over 50,000 employees. Half of those responding were from the US, and a quarter from Europe, the Middle East and Africa.
Although video calling has become a thing of norm, in 2006, Skype was one of the pioneering platforms when video calling was in its infancy. Although hard to believe, the video calling service is celebrating its ten-year anniversary in 2016.
At its core, Skype still offers video calling, but has evolved and expanded its service to meet the ever-evolving needs of its users. Skype will continue to do so on this milestone occasion by deploying group video calling on Android, iPhone, iPad and Windows 10 Mobile.