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Posted by iMark on 2006-02-06       Article Source : TechWeb News

Symantec plans to defend its consumer security turf against inroads by Microsoft with new software delivered over the Internet and sold as a service, the Cupertino, Calif.-based company said Friday.

The new software, for now dubbed "Genesis," will go on the market in September, said Tom Powledge, director of product management. "Genesis will deliver security software as a service, and is our first consumer product designed to be a service from the get-go."

The service will include components snatched from

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Posted by iNext on 2006-02-05       Article Source : TechWeb News

ISP filters are largely responsible for a decline in e-mail spam, which is expected to continue declining through 2010, according to a report released Friday by Jupiter Research.

Jupiter said the average e-mail consumer received 3,253 spams in 2005, but that number will drop to 1,640 in 2010. The company forecast that the volume of spam messages per consumer will decrease by 13 percent a year until 2010.

Jupiter said spending on e-mail marketing will grow from $885 million in

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Posted by iTech on 2006-02-04       Article Source : TechWeb News

A denial-of-service attack brought down the main Russian stock exchange for over an hour Thursday, a Moscow-based security company said Friday.

The Russian Trading System (RTS) was forced to stop trading on its three markets from 4:15 p.m. to 5:20 p.m. Moscow time Thursday after an infected computer connected to the markets' network overwhelmed routers with repeated requests.

"The infected computer started generating huge volumes of parasitic traffic, which overloaded the RTS' support routers. The result was that normal traffic,

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Posted by iTech on 2006-02-04       Article Source : Reuters

A computer virus that was designed to start its malicious work on Friday did not cause the mayhem that was anticipated, computer security firms said.

The worm, known as "Blackmal" and "Kama Sutra," hides inside email attachments and contains a time-activated payload due to execute on the third day of each month, first occurring on Friday.

Once activated, the worm will try to spread itself, attempt to stop anti-worm software from running and try to delete all Word, Excel, PowerPoint and PDF

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Posted by iMark on 2006-02-04       Article Source : CRN

Symantec is anticipating increased competition from Microsoft in 2006, but plans to maintain the company's market position by staying one step ahead of the software giant, said chairman and CEO John Thompson.

"We expect Microsoft to enter the security markets certainly this year," Thompson said. "As such we plan to increase our investments in consumer marketing and channel-related programs ahead of their market entry to fortify our leadership position."

Speaking on the Cupertino, Calif., security vendor's earnings call Tuesday, Thompson

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Posted by iNext on 2006-02-03       Article Source : TechWeb News

Identity fraud has declined in the last two years, a banking industry-sponsored survey done for the Better Business Bureau (BBB) said Tuesday. The data runs counter to most other estimates of the pervasiveness of online threats posed by criminals and crooks.

According to a telephone poll of 5,000 consumers -- and extrapolations done by Javelin Strategy & Research -- the percentage of Americans affected by identity fraud fell from 4.7 to 4.0 percent between 2003 and 2006. That means the number of

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Posted by iTech on 2006-01-15       Article Source : TechWeb News

3Com has identified a vulnerability in a popular Linux anti-virus program, the fourth time bug bounty hunters have cashed in on the reward the company's TippingPoint division pays for digging up software flaws.

Since July 2005, TippingPoint has paid researchers for uncovering vulnerabilities. The program, dubbed "Zero Day Initiative," to make clear it was only forking over cash for zero-day bugs, doesn't publish a reward rate structure. 3Com uses the information it acquires from the bounties to add protection via its Digital

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Posted by iNext on 2006-01-15       Article Source : TechWeb News

Symantec on Thursday disputed the claim by researchers who said it was using a rootkit to hide files from users.

The fracas stems from a long-standing practice in Symantec's Norton SystemWorks suite to cloak a special directory. The SystemWorks feature -- which harks back to SystemWorks' predecessor, Norton Utilities, a popular utility collection of the early- and mid-1990s -- is dubbed "Norton Protected Recycle Bin" and provides a way for users to retrieve files dropped into the regular Windows Recycle Bin. Read More...  

Posted by inet on 2006-01-14       Article Source : TechWeb News

Two major players in the biometric identity, Viisage Technology and Identix, announced Thursday that they will merge.
The complex transaction will result in the creation of a dominant biometric ID platform and a company with a new name--to be released later--and a new headquarters in Stamford, Conn.

Viisage will contribute stock worth about $770 million in the deal and the firm's current chairman Robert V. LaPenta will become chairman and chief executive officer of the combined company. Dr. Joseph J.

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Posted by iNext on 2006-01-13       Article Source : TechWeb News

The Outlook and Exchange vulnerability disclosed by Microsoft Tuesday has the potential to become a much more virulent problem than the long-hyped Windows Metafile bug patched last week, said one of the e-mail flaw's discoverers Wednesday.

"What I find bizarre is that there's still all this focus on the WMF [Windows Metafile] bug," said Mark Litchfield, the director of NGS Software, a U.K.-based security company, and one of the two researchers credited by Microsoft with the discovery of the TNEF (Transport Neutral

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Posted by iMark on 2006-01-13       Article Source : TechWeb News

Apple Computer Tuesday updated its QuickTime media player to fix eight critical security vulnerabilities that leave both the player and the company's popular iTunes software open to attack.

The bugs in QuickTime, Apple revealed in a security advisory, are in how the player parses a number of image file formats, including .gif, .tif, and .tga, as well as in other media file formats. Attackers who craft special files, and deliver those files to unsuspecting users, could trigger integer or heap buffer overflows,

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Posted by iNext on 2006-01-13       Article Source : TechWeb News

Novell Inc. on Tuesday launched an open-source project for developing technology that provides application security for Linux.
In unveiling the project, the Waltham, Mass., company donated core components of its AppArmor framework. AppArmor is enterprise level application security software that Novell says can be deployed in hours and maintained cost-effectively without the use of high-level Linux and security expertise.

The AppArmor project is expected to fill what Novell claims is a major void in open-source technology, easy-to-use software configuration and

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Posted by iNext on 2006-01-09       Article Source : CRN

The Sober virus was not the only worm to make its run on Friday. FaceTime Communications reported the discovery of a new worm transmitted via instant messaging.

The new worm targets PCs that have been infected with the lockx.exe or palsp.exe viruses and uses Internet Relay Chat-enabled malware to connect the host to a server for further infection through a series of commands.

One of those commands has the ability to control the AIM client on the infected PC and

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Posted by iTech on 2006-01-08       Article Source : VARBusiness

Concerns over the latest potentially high-profile Internet worm attack seem to have been allayed this week, as security vendors, their partners and customers seem better prepared than usual to deal with the threat.

The Sober.Y worm assault was expected to hit in a big way today or tomorrow. Industry groups believe the worm to have originated in Germany, and Jan. 5 is the anniversary of the founding of the Nazi party. The worm first was released in October 2003 and, variations of it

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Posted by iNext on 2006-01-08       Article Source : TechWeb News

Two companies accused of deceiving computer users into believing their systems were infected with spyware have settled with the Federal Trade Commission and will pay back over $2 million in ill-gotten gains, the agency said Thursday.

The lawsuits, which were filed in March 2005 against the makers of SpywareAssassin and in June against the creators of Spykiller, charged that both were tricking users into paying for anti-spyware software after they'd run bogus scans on the consumers' PCs and supposedly detected spyware and

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