Perimeter

3/8/2018
02:13 PM
50%
50%

McAfee Closes Acquisition of VPN Provider TunnelBear

This marks McAfee's second acquisition since its spinoff from Intel last year.

McAfee has confirmed its acquisition of TunnelBear, a virtual private network (VPN) provider based in Toronto. Neither company disclosed the value of the deal.

TunnelBear is a consumer-focused company founded in 2011 with the idea of making online privacy more accessible to the public. Its cross-platform VPN app, available for both mobile and desktop, reportedly has about 20 million users. Consumers are growing wary of privacy concerns, according to McAfee data: 58% know how to check if a wifi network is secure but less than 50% take the time to do it. Only 19% own a personal VPN solution.

It seems McAfee plans to leverage TunnelBear's "hardened network" for its own VPN service called Safe Connect, says CEO Chris Young in a statement, noting that the VPN service had built "an engaging profitable direct-to-consumer brand." McAfee will keep the TunnelBear brand and standalone apps active, reports VentureBeat.

This is the second acquisition McAfee has made since its spinoff from Intel last year. In November 2017 the company bought CASB provider Skyhigh Networks, a move intended to expand its security architecture to include both endpoint and cloud control points.

Read more details here.

 

 

 

Black Hat Asia returns to Singapore with hands-on technical Trainings, cutting-edge Briefings, Arsenal open-source tool demonstrations, top-tier solutions and service providers in the Business Hall. Click for information on the conference and to register.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
iMacCustomer
50%
50%
iMacCustomer,
User Rank: Apprentice
3/9/2018 | 3:57:09 AM
iMac Customer Service Number
As for the iMac, Customer Service Number is the best feature of remote access iMac Customer Support Number is not editable during use of the remote access application on Microsoft Windows than can you help with the contact us. 
Election Websites, Back-End Systems Most at Risk of Cyberattack in Midterms
Kelly Jackson Higgins, Executive Editor at Dark Reading,  8/14/2018
Intel Reveals New Spectre-Like Vulnerability
Curtis Franklin Jr., Senior Editor at Dark Reading,  8/15/2018
Australian Teen Hacked Apple Network
Dark Reading Staff 8/17/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-15504
PUBLISHED: 2018-08-18
An issue was discovered in Embedthis GoAhead before 4.0.1 and Appweb before 7.0.2. The server mishandles some HTTP request fields associated with time, which results in a NULL pointer dereference, as demonstrated by If-Modified-Since or If-Unmodified-Since with a month greater than 11.
CVE-2018-15505
PUBLISHED: 2018-08-18
An issue was discovered in Embedthis GoAhead before 4.0.1 and Appweb before 7.0.2. An HTTP POST request with a specially crafted "Host" header field may cause a NULL pointer dereference and thus cause a denial of service, as demonstrated by the lack of a trailing ']' character in an IPv6 a...
CVE-2018-15492
PUBLISHED: 2018-08-18
A vulnerability in the lservnt.exe component of Sentinel License Manager version 8.5.3.35 (fixed in 8.5.3.2403) causes UDP amplification.
CVE-2018-15494
PUBLISHED: 2018-08-18
In Dojo Toolkit before 1.14, there is unescaped string injection in dojox/Grid/DataGrid.
CVE-2018-15495
PUBLISHED: 2018-08-18
/filemanager/upload.php in Responsive FileManager before 9.13.3 allows Directory Traversal and SSRF because the url parameter is used directly in a curl_exec call, as demonstrated by a file:///etc/passwd value.