Top CyberSecurity News For 14th June 2016

  1. Symantec to Boost Cybersecurity Suite with Blue Coat BuyoutFrom Yahoo News. In an effort to recapture its momentum in the fast growing cybersecurity market, Symantec Corporation is all set to acquire Blue Coat, Inc., a leading web security solution provider, from private equity firm Bain Capital. As per a definitive agreement signed by the two companies, Symantec will pay a total cash consideration of $4.65 billion for the transaction. Both the companies have obtained board approval and expect to close the deal in the third quarter of 2016.

  2. Johns Hopkins Team Hacks, Crashes Hobby Drones To Expose Security FlawsFrom Forbes. In the past few years, an ever-expanding fleet of commercial and hobby drones has seemingly landed one achievement after another, from photographic feats to farming solutions. According to researchers at Johns Hopkins University, however, many machines in this soaring industry may be vulnerable to serious cyber threats which could, among other things, cause an otherwise sophisticated autonomous flier to come crashing down.

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