Security Alerts & News
by Tymoteusz A. Góral

#1729 Symantec buys anti-ID fraud firm LifeLock for $2.3 billion
Symantec, one of the biggest consumer computer security firms in the world, is about to become even bigger with plans to buy LifeLock—an identity-theft protection service.

The proposed $2.3 billion (£1.86 billion) deal has been okayed by the boards of directors of both companies, and is expected to close in the first quarter of 2017, pending regulatory approval.

LifeLock's shareholders will receive $24 (£19.45) per share—a 16 percent premium to its closing price on Friday of $20.75.

Symantec, which owns the Norton suite of cybersecurity software, claimed that the deal will make it the world's largest consumer-facing online protection outfit.
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#1731 Small Business Information Security: The Fundamentals (PDF)
#1730 Malicious images on Facebook lead to Locky ransomware
#1729 Symantec buys anti-ID fraud firm LifeLock for $2.3 billion
#1728 Here’s a secret: ɢ is not
#1727 The odd, 8-year legacy of the Conficker worm
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