Earlier this month the co-founders of anti-virus software vendor Sophos agreed to sell a majority stake in the company to private equity group Apax Partners in a deal worth $300 million.

Cybercriminals are using Google Groups to distribute rogue anti-virus software and other malware, according to researchers at security firm eSoft.

The Maryland Attorney General announced the state has settled a case against payment card processor Mid Atlantic Processing, which allegedly improperly disposed of 77 boxes containing client data.

A Florida couple accused of selling off patient records from a Miami-area medical center had their plea agreements rejected by a Federal court judge yesterday.

Microsoft issued two security bulletins on Tuesday for what the company called “critical” patches to the Windows OS, Office suite, and Visual Basic.

Reports are coming in that large numbers of Twitter account holders have had their online accounts compromised, with the accounts apparently generating messages advertising a website that claims to help users attract more followers.

A researcher originally blocked from giving a talk about security in ATMs will go ahead and make his presentation at the Black Hat USA conference this year.

Our Lady of Peace psychiatric hospital in Louisville has notified the public of the loss of a flash drive containing the personal information of 24 600 patients.

Security professionals lack confidence that political parties will do anything to improve cyber security, according to a survey by security firm Proofpoint.

Fresh from releasing a range of encrypted drive kits at last week's Infosecurity Europe show, Origin Storage says that the steady stream of advances in brute force decryption techniques – which started when Russia's Elcomsoft released the first versions of its Password Recovery suite of 'utilities' around 18 months ago – means that laptop users must now raise their game when it comes to encryption.

Fresh from its security problems of earlier in the week when members' chat sessions were visible to third-party users, Facebook has come under fire for allegedly installing applications on users' Facebook areas by stealth.

Research just released claims to show that China, the US and the Russian Federation contributed 49% of all web-based threats reported in April 2010.