Latest news for MessageLabs 
Symantec completes acquisition of MessageLabs(18/11/2008)
Symantec Corp. has completed its acquisition of MessageLabs, on Nov. 14, 2008. MessageLabs is a leading provider of online messaging services, securing more than three billion email connections each day. The acquisition agreement between Symantec and MessageLabs was first announced in October 2008. With the acquisition of MessageLabs, Symantec gains a leadership position in the Software-as-a-Service (SaaS) market and expands Symantec’s exist... [more]
Increasing number of businesses are blocking employee access to inappropriate web sites(28/10/2008)
According to the latest MessageLabs Intelligence Report, there has been an eight percent decline in spam since August due in large part to the demise of California-based ISP Intercage on September 20. However, MessageLabs anticipates this recent decline will be short-lived. “Addresses on Intercage’s network range were being used to host command and control channels for botnets,” said Mark Sunner, Chief Security Analyst, MessageLabs. “In disrup... [more]
Symantec acquires MessageLabs to extend it presence in the SaaS segment(10/10/2008)
Symantec Corp. has announced it has signed a definitive agreement to acquire MessageLabs. Under the terms of the agreement, Symantec will acquire MessageLabs for a purchase price of $695 million in cash, subject to foreign currency adjustments, payable in £310 million Pounds Sterling and $154 million US Dollars. MessageLabs generated $145 million in revenue during fiscal year 2008, ending July 31, 2008 and grew by more than 20 percent over t... [more]
Spyware authors offer financial rewards to botnet operators(26/03/2008)
Spyware authors are now offering financial rewards to botnet operators and other cyber criminals who covertly install their spyware. Selling "installs" is a common practice in the cyber-underworld, the most notable example was in 2005 when Jeanson Ancheta was arrested for building a 400,000-strong botnet and installing adware from 180 solutions for $60,000. But now the criminals have moved in a riskier direction to spyware which is illegal to ... [more]
Highly targeted senior management email attacks with increased sophistication(28/09/2007)
According to the latest MessageLabs Intelligence Report for September and 3rd quarter of 2007, virus and phishing levels have significantly increased, reaching levels not seen since early 2006. In addition, MessageLabs exposes a second wave of highly targeted C-level and senior management email attacks with increased sophistication and outreach. With a virus threat now incorporated within every 48 emails, cyber-criminals are steering away fro... [more]
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