Facebook acquires security startup PrivateCoreAugust 8, 2014 - 12:23 AMT PanARMENIAN.Net - Facebook is hoping its latest acquisition will help protect users from malware and other security threats. The company announced Thursday, Aug 7, it was acquiring PrivateCore, a security startup that focuses on securing remote servers, Mashable reported. Facebook is hoping PrivateCore's technology will help make its own systems more secure, according to Facebook chief security officer Joe Sullivan’s post. "Their vCage technology protects servers from persistent malware, unauthorized physical access, and malicious hardware devices, making it safer to run any application in outsourced, hosted or cloud environments," Sullivan wrote. "I believe that PrivateCore’s technology and expertise will help support Facebook’s mission to help make the world more open and connected, in a secure and trusted way." Terms of the deal were not disclosed — but Reuters said the Palo Alto-based security company raised $2.25 million in funding in 2012. "Working together with Facebook, there is a huge opportunity to pursue our joint vision at scale with incredible impact," PrivateCore CEO Oded Horovitz said in a statement. "Over time, Facebook plans to deploy our technology into the Facebook stack to help protect the people who use Facebook." The news comes in the wake of what security researchers have called one of the biggest security breaches in the history of the Internet. A group of Russian hackers reportedly stole more than 1.2 billion passwords, according to the firm that conducted the 18-month long investigation that uncovered the breach. Related links: Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Government reveals details from Pashinyan’s meeting in border village Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush province Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. |