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SaaS security startup Adallom secures $15m in new funding

Adallom secured $15m in a new round of investment led by Index Ventures.

Adallom, a software as a service security specialist announced Tuesday that it has raised $15m in a new round of funding led by Index Ventures. The company said it will use the money to double down on development and sales efforts.

Akamai acquires Prolexic to strengthen cloud-based security

Akamai is acquiring Prolexic to extend DDoS. mitigation to the network layer

In a bid to bolster its security solutions portfolio, cloud application and network specialist Akamai Technologies announced Monday that it has agreed to acquire Prolexic Technologies for $370 million. Akamai said the acquisition will help the company’s customers mitigate denial of service (DDoS) attacks, an increasingly popular form of cyber-attack.

Cloud and security most desirable IT skills, say UK bosses

Cloud skills top the list of the most desirable skills for IT professionals in the UK according to a new study

With cloud-based technologies beginning to reach a critical mass in terms of penetration in UK businesses a study published this week suggests that skills in cloud computing top the list of desirable attributes for IT professionals in the UK, followed closely by security.

Adobe data breach highlights the company’s security shortcomings, experts say

Adobe says the data breach compromised IDs, passwords and email of 2.9 million customers, and an undisclosed amount of payment

Adobe confirmed Thursday that it has suffered significant security breaches compromising the data of 2.9 million customers and valuable source code for its software offerings when it was targeted in a “sophisticated” cyber attack this week, an event some experts say could have been avoided had the company made larger strides to protect its data.

Breakthrough in MPC cryptography could make cloud computing more secure

Scholl says that the research team has developed a practical implementation of the SPDZ 2.0 protocol

A recent breakthrough in multi-party computation (MPC) cryptography may result in a “sea change” in computing security according to Peter Scholl, a researcher in the Cryptography and Information Security group at the University of Bristol.

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