text: Mobile Cyber Security News Weekly – Week of August 10, 2014 | Microsoft Cloud
  BlackBerry announced it has acquired the Germany based mobile security company Secusmart GmbH. Established in 2007, Secusmart provides data encryption and other highly sensitive security products to national governments and various private sector companies involved in the telecommunications sector. Read Original Content
  Researchers are again warning users to steer clear of app downloads from unvetted sources, particularly since new Android malware is making the rounds through phishing emails. Read Original Content
  According to the Cheetah Mobile CM Security Researcher lab, hackers are targeting Facebook users with the recycled security threat that leverages the social network to rapidly spread malicious software. Cheetah is calling it the Facebook Color Scam. Read Original Content
  As part of the strategy that seems tailored to appeal to business customers, Samsung announced the Smart Wireless Security Access Point that helps businesses identify unauthorized intrusion in the wireless network. Read Original Content
  Facebook plans to beef up its own server security by acquiring PrivateCore, which develops software to validate and secure server data. The two-year-old Palo Alto company specializes in securing servers for the cloud, with support for OpenStack and Puppet. Read Original Content
  Venture capital firms are expected to funnel $788 million into early-stage cyber security startups this year. That's a 74 percent increase from last year's $452 million, according to PrivCo, a financial data provider on privately held companies. In 2011 VC firms invested just $160 million in cyber security startups. Read Original Content
  The cyber security solutions and services market in North America is estimated to grow from $41.19 billion in 2014 to $61.91 billion by 2019, at a CAGR of 8.50 percent from 2014 to 2019 according to Micro Market Monitor. Read Original Content
  According to new data the European cyber security solutions and services market is estimated to grow from $25.04 billion in 2014 to $35.53 billion by 2019, at a CAGR of 7.20 percent from 2014 to 2019. Read Original Content
  Microsoft Corp. is in talks to acquire Israel-based cyber security startup Aorato Ltd., according to a person familiar with the matter, who said the deal was worth around $200 million and could close within the next two months. Read Original Content
  A cyber security firm said it has uncovered about 1.2 billion Internet logins and passwords and more than 500 million email addresses amassed by a Russian crime ring, the largest known collection of such stolen data, the New York Times reported. Read Original Content