Tag : McAfee

McAfee to buy Campbell cybersecurity company last valued at about $400M

security

 

Today McAfee announced that it has agreed to acquire Skyhigh Networks Inc., however, the amount has not yet been disclosed for the cybersecurity business.

Campbell-based Skyhigh had raised more than $106 million in venture funding and was valued at about $400 million after its last round in 2016, according to PitchBook Data. Its investors include Thomvest Ventures, Sequoia Capital, Greylock Partners and Salesforce Ventures.

The move came about roughly eight months after McAfee was spun out of Intel Corp. Intel got $3.1 billion but kept a 49 percent stake in the new company.

“Skyhigh Networks had the foresight five years ago to realize that cybersecurity for cloud environments could not be an impediment to, or afterthought of, cloud adoption,” Young said in the deal’s announcement. “They pioneered an entirely new product category called cloud access security broker (CASB) that analysts describe as one of the fastest growing areas of information security investments of the last five years – where Skyhigh continues to innovate and lead.”

Gupta said of the deal: “McAfee will provide global scale to further accelerate Skyhigh’s growth, with the combined company providing leading technologies and solutions across cloud and endpoint security – categories Skyhigh and McAfee respectively helped create, and the two architectural control points for enterprise security.”

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Certain Key Words in Searches Attract Malware

Have you ever gone on the web and searched for “free stuff?” I know I have quite a bit, and did not realize the risk I was putting myself in. According to a study done by McAfee released in September of 2010, your chances of being directed to a malicious site are greatly increased when you use the word “free” while searching for music, movies, and other digital content.

In the report, it notes that you are 300 percent more likely to land on a malicious site if you search for free music ringtones. Also, the report states that searching for artists lyrics puts you at twice the risk than searching for “ringtones” for the same artists (first five pages of results).

Including the word “MP3” within your search immediately puts you at risk of reaching malicious sites. According to McAfee, there has been a 40 percent increase in the number of sites that host malicious MP3 files.

In order to protect yourself from these types of issues, it is recommended to not use the word “free” in your searches related to digital media, keep your antivirus up to date, don’t click on suspicious links, and use your best judgment when not sure about the safety of certain websites.

(Credit: McAfee)