Oracle has acquired NetSuite for roughly $9.3 billion in a move to offer more cloud-based products, which its corporate customers are demanding more of, according to the company. New cloud services made up 8% of Oracle's total sales in the fiscal fourth quarter, and NetSuite will now add two services to that mix: customer relationship management and e-commerce tool.
Ninety-four percent of the 88% of ransomware attacks on health care organizations were tied to Cryptowall, a variant of malware, a Solutionary report states. Rob Kraus, director of research for Solutionary's Security Engineering Research Team, advised organizations to install a strong backup and recovery process, update security software and implement incident-response procedures to protect against cyberattacks.
Emisoft has launched a free decryptor that health care organizations may use against the Stampado ransomware. Cyberattack victims may regain their encrypted files without having to pay the ransom by downloading the decryptor from Emisoft's website, the company said.
Avnet has created six business units -- data center, cloud, security and enterprise, data analytics, internet of things solutions and education -- consisting of 450 solution specialists to help drive growth of software-driven technologies.
LogMeIn will now be a Citrix subsidiary when the complicated, $1.8 billion transaction is complete. Citrix created a subsidiary called GetGo, which operates its GoToMeeting products, which is merging with a wholly-owned subsidiary of LogMeIn to create a new company.
Cybersecurity was the focus of pre-G20 Leaders' Summit discussions between the US and China as the two countries try to improve relations before the summit begins. Cyberthreat intelligence from FireEye found that attacks from China on US companies have decreased since a September agreement, with US leaders expressing cautious optimism about the trend continuing.
A Ponemon Institute survey shows 73% of companies consider cloud platforms and services important to operations, but 54% say they do not have a proactive approach to security and compliance. Hurdles include a lack of control over end users, limitations in inspecting cloud providers and shadow IT, the survey shows.
PhishMe has raised $42.5 million in Series C funding to provide cybersecurity products that help end users identify and avoid phishing attacks. "The most damaging cyberattacks almost always involve phishing or spear-phishing attempts," said Alex Ferrara of PhishMe backer Bessemer Venture Capital.
A new presidential policy directive establishes a system for grading the severity of cyberattacks and coordinating the federal government's response to them. The directive requires agencies to notify each other promptly when they learn of a cyberbreach.
"Pokemon Go," the highly popular augmented-reality game, can drive traffic to your store, but there are security concerns when you're playing games on corporate devices, writes columnist Mark Huffman. Knockoffs on nonofficial sites contain malware that can infect and take control of a device, and while "Pokemon Go" no longer gains full access to users' Google profiles, the game originally had comprehensive access rights.
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