Feeds

Thales swoops on nCipher for hardware encryption goodness

Scrambling for safety

SANS - Survey on application security programs

Thales, the French defence electronics firm, is buying hardware-based encryption specialist nCipher for around £50.7m ($100.3m). This works out at 300p a share, a 15 per cent premium of nCipher's closing price in London on Thursday and double Wednesday's closing price.

Cambridge, UK-based nCipher's stock has been on the up and up since April, when it announced it was discussing a sale to an unnamed company. nCipher's board has advised its shareholders to accept the offer. nCipher made pre-tax profits of £3.4m on revenues of £24.2m in 2007, compared to losses of £4.7m on sales of £21.1m in 2006.

If approved, the acquisition would see nCipher becoming part of Thales UK, enabling the latter to meet its goals of expansion into the growing sector of information and communication systems security. Technology, rather than channel or brand, is the main driver behind the deal.

Thales wants add nCipher's hardware security module range to its existing encryption products portfolio. Encryption key management software and tape encryption products from nCipher will also come in handy.

More details here. ®

SANS - Survey on application security programs

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.