Tag Archive for: likes

Google Capital likes CrowdStrike for endpoint protection

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Next-gen endpoint protection vendor CrowdStrike has landed $ 100 million in new investments to beef up sales and engineering and continue its push to make anti-virus software obsolete.

The company will hire at least another 70 people to boost its engineering staff as well as expand its operations outside North America. The company has about 210 employees now, says CEO George Kurtz.

+ ALSO ON NETWORKWORLD: Hottest network and computing startups of 2015 +

The new funding pushes total investment in the company to $ 156 million and makes it the first security company that Google Capital has invested in. Also participating in this C Round of funding is Rackspace, Accel Partners and Warburg Pincus.

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Network World Tim Greene

Likes of Apple Pay may make smaller banks more vulnerable

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Atlanta — Many banks with less than $ 50 billion in assets have a problem that payment systems like Apple Pay will make even more attractive to exploit, a team of security researchers says.

By altering electronic-transfer files before they are uploaded to the national transaction clearinghouse, criminals can redirect funds to accounts they control and make off with millions of dollars at a clip, according to researchers at TrustCC, a consultancy specializing in financial institution IT security.

They presented their findings at (ISC)² Security Congress 2014.

+ Also on Network World: Home Depot, Target breaches exploited Windows XP flaw |Bot-herders can launch DDoS attacks from dryers, refrigerators, other Internet of Things devices +

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Network World Tim Greene

Gates: Microsoft still likes tablets; pen-based computing isn’t dead (Todd Bishop/TechFlash)

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Todd Bishop / TechFlash:
Gates: Microsoft still likes tablets; pen-based computing isn’t dead  —  Say this for Bill Gates: He stands behind his favorite trends, even when they haven’t turned out to be much in the way of trends.  —  Appearing with Warren Buffett and Berkshire Hathaway lieutenant Charlie Munger …

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