Breach

IBM on Monday is expected to announce the acquisition of database security start-up Guardium for $225 million, according to reports citing Israeli financial newspaper, TheMarker, which first reported the deal. An IBM spokesman declined to comment about the deal when contacted by SCMagazineUS.com on Monday. Israeli daily Ha'aretz reported that IBM has been courting Guardium since January. Guardium has about 60 employees and was founded in Israel in 2002 but moved to Boston in 2003. — AM

Seventy-nine percent of federal government IT executives surveyed recently said unstructured data increases the security risk within their organization.

On the heels of what is believed to be the first-ever iPhone worm, hackers now have devised a way to steal data off jailbroken versions of the popular Apple device.

A group of overseas hackers have been indicted in connection with a coordinated cyberheist that resulted in $9 million of ATM withdrawals in a 12-hour period.

The FBI is dealing with new cases every week of sophisticated banking trojans being installed on PCs to swindle companies out of large amounts of money, the agency said this week.

Consumers who have received a data breach notification letter face a much higher risk of identity theft, according to a recent survey.

A federal judge did not sign off on an agreement that would have settled a lawsuit filed against TD Ameritrade over a major breach announced in 2007.

Joe Simitian, a Democratic state senator from California, is still scratching his head, some two weeks after Gov. Arnold Schwarzenegger vetoed SB-20, an update to the landmark 2003 Golden State breach notification bill, known as SB-1386.