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2009/06/30

Trojan Swipes FTP Credentials for Major Companies

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TOP STORIES - June 30, 2009
Trojan Swipes FTP Credentials for Major Companies
IBM Encryption Scheme Discovery May Improve Cloud Security
How Will the Antivirus Market React to Whitelisting?
Security Hardware Sales Expected to Rebound
Is China's Green Dam Really a Bad Thing?
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IN THIS ISSUE
Trojan Swipes FTP Credentials for Major Companies
Security researchers are tracking a Trojan that has swiped as many as 88,000 FTP credentials for organizations such as Symantec, McAfee, Amazon, Cisco and the Bank of America. According to researchers at Prevx, the compromises are part of an operation that has been in business for more than two years.
READ MORE >>

IBM Encryption Scheme Discovery May Improve Cloud Security
An IBM researcher has found what could be described as a fully homomorphic encryption scheme that allows for data manipulations without being exposed. This discovery by IBM researcher Craig Gentry could offer a roadmap to providing better security in cloud computing environments, as well as fighting spam.
READ MORE >>

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How Will the Antivirus Market React to Whitelisting?
Application whitelisting is being talked up by everyone from pure-play vendors like CoreTrace to larger security vendors like McAfee and Symantec. But while many say a hybrid blacklist/whitelist approach is needed, CoreTrace is positioning itself as an alternative to blacklist-based anti-virus.
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Security Hardware Sales Expected to Rebound
The recession caused a 16 percent decline in spending on security hardware and appliances. Despite that dip, the forecast is for security spending to rebound to two-thirds of 2008 sales before the end of the year.
READ MORE >>

Is China's Green Dam Really a Bad Thing?
If China already has the largest and most sophisticated Internet monitoring and control system in the world -- the so-called Great Firewall of China -- why do they need remote management and filtering software on every client? Perhaps it's because centralized management isn't scaling to hundreds of millions of users. Is that a problem we could all face?
READ MORE >>

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Virtualization Finally Comes to SAP Users
While a number of large VMware customers have now virtualized a majority of their applications in the data center, they have hesitated to move their ERP and other mission-critical applications into production in virtual machines. However, SAP's recent pledge of support for VMware platforms provides the assurance that many SAP customers will need to begin to virtualize the applications that run the backbone of their IT infrastructures.
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