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India, Japan vow to crack down on cyber crimes

Last Updated: Sunday, May 3, 2015, 12:39

India has sought assistance from Japan on the latest technologies and expertise to tackle cyber criminals in Internet espionage, cyber terrorism and stealing personal as well as critical data.

Low IT security leaves ME businesses open to cyber attacks

Last Updated: Monday, April 27, 2015, 15:28

Globally, businesses and government entities are investing heavily on IT security but Middle East businesses are spending less than 1 per cent of their overall IT budgets on it, according to a report.

BlackBerry to buy WatchDox to bolster data security

Last Updated: Wednesday, April 22, 2015, 00:09

BlackBerry Ltd said on Tuesday it is acquiring privately-held U.S. tech company WatchDox, which makes software that secures files for clients ranging from private equity firms to Hollywood studios, in a bid to boost its security offerings.

Raytheon buys cybersecurity firm in $1.9 bn deal

Last Updated: Monday, April 20, 2015, 20:54

US defense contractor Raytheon announced Monday it is investing $1.9 billion to create a cybersecurity firm to combat growing threats in the business sector.

iViz to hire 300 ethical hackers in 2 years

Last Updated: Sunday, April 12, 2015, 13:30

US-based iViz will hire about 300 ethical hackers in the next two years for its facility in Bangalore as it looks to tap into the multi-billion dollar global opportunity for cyber security firms.

Create framework to fight cyber attacks on markets: Sebi

Last Updated: Wednesday, April 8, 2015, 14:39

Capital markets regulator Sebi on Wednesday said it is worried over state sponsored cyber attacks and has suggested creating a framework for protecting the securities market.

Singtel buys US cyber security firm for $810 million

Last Updated: Wednesday, April 8, 2015, 08:56

Singapore Telecommunications Ltd agreed to buy U.S.-based cyber-security firm Trustwave for $810 million, in a deal that will expand Southeast Asia`s largest telecommunications operator`s cloud-based services.

Sebi wants exchanges, others to have robust cyber security net

Last Updated: Tuesday, April 7, 2015, 13:37

To safeguard capital markets from cyber attacks, regulator Sebi plans to put in place detailed guidelines to be followed by stock exchanges and other market infrastructure institutions to secure their IT systems.

U.S. urges companies to do more to fight cyber crime

Last Updated: Wednesday, March 25, 2015, 17:32

Cyber crime is probably the biggest risk facing companies across the world, and they need to do more to help governments tackle the problem, U.S. Deputy Treasury Secretary Sarah Bloom Raskin said on Wednesday.

Sebi to beef up IT team for probes, fighting cyber attacks

Last Updated: Tuesday, March 24, 2015, 12:03

These officers will develop data analytics and business intelligence tools, and also manage internal IT security and audit systems to guard against data loss and theft.

PayPal to buy Israeli cyber security firm CyActive: Media

Last Updated: Sunday, March 8, 2015, 16:36

Online payments company PayPal, a unit of eBay, will buy Israeli cyber security company CyActive for $60 million, Israeli media reported.

Twitter working with probe on online threats

Last Updated: Tuesday, March 3, 2015, 00:10

Twitter said Monday it was working with law enforcement officials on unspecified threats, amid reports that the social network had been targeted for blocking accounts linked to the Islamic State.