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Accellion secures $12 million investment for expansion from Riverwood Capital

Leading enterprise cloud file sharing solutions provider raises funds to accelerate market adoption

Palo Alto, CA: Accellion, Inc., this week announced a $12M Series 3 round of expansion funding from Riverwood Capital, a technology-focused private equity firm. The new funding follows a record year for new customer growth, revenue, profitability and positive cash generation. The company will use the investment to accelerate its rapid growth, continue to invest in the development of enterprise-grade mobile file sharing product offerings, pursue strategic partnerships, and grow the Accellion team internationally.

: DAWN NICHOLLS; InfoSecurity; Posted On Friday, 06 January 2012 08:47

Hammond goes to Washington

Vigilance can confirm that Defence Secretary Philip Hammond yesterday travelled to Washington to meet his American counterpart, Secretary Leon Panetta, the first of a such visit to the United States since his ascendancy to that post.

: JOHN ODEY ADUMA, EDITOR; International Security, Safety & Strategic Defence; Posted On Friday, 06 January 2012 08:37

Cryptzone says WPS security issues are just the tip of the insecurity iceberg

Commenting on reports that a researcher has discovered a gaping hole in the security of the WiFi Protection Setup (WPS) method of simplifying the pairing of a device with several brands of wireless access point, Cryptzone says that WiFi users should be more concerned with the fact that wireless passwords have been inherently insecure for some time.

: DARSHNA KAMANI; InfoSecurity; Posted On Thursday, 05 January 2012 05:37

New SpyEye Trojan post transaction fraud schemes attack UK and US ban

Below is a media alert from Amit Klein, Trusteer's CTO on new SpyEye Trojan post transaction fraud schemes that criminals are using to attack UK and US bank customers. Just before the recent holiday season, Trusteer came across a SpyEye configuration which attacks banks in the USA and UK. Instead of intercepting, or diverting, email messages the attack automatically manipulates the bank account transaction webpage the customer views.