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. 
WebAuthn, FIDO2 Infuse Browsers, Platforms with Strong Authentication
John Fontana, Standards & Identity Analyst, Yubico,  9/19/2018
New Cold Boot Attack Gives Hackers the Keys to PCs, Macs
Kelly Sheridan, Staff Editor, Dark Reading,  9/13/2018
Yahoo Class-Action Suits Set for Settlement
Dark Reading Staff 9/17/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Flash Poll
The Risk Management Struggle
The Risk Management Struggle
The majority of organizations are struggling to implement a risk-based approach to security even though risk reduction has become the primary metric for measuring the effectiveness of enterprise security strategies. Read the report and get more details today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-17229
PUBLISHED: 2018-09-19
Exiv2::d2Data in types.cpp in Exiv2 v0.26 allows remote attackers to cause a denial of service (heap-based buffer overflow) via a crafted image file.
CVE-2018-17230
PUBLISHED: 2018-09-19
Exiv2::ul2Data in types.cpp in Exiv2 v0.26 allows remote attackers to cause a denial of service (heap-based buffer overflow) via a crafted image file.
CVE-2018-17231
PUBLISHED: 2018-09-19
** DISPUTED ** Telegram Desktop (aka tdesktop) 1.3.14 might allow attackers to cause a denial of service (assertion failure and application exit) via an "Edit color palette" search that triggers an "index out of range" condition. NOTE: this issue is disputed by multiple third par...
CVE-2018-17228
PUBLISHED: 2018-09-19
nmap4j 1.1.0 allows attackers to execute arbitrary commands via shell metacharacters in an includeHosts call.
CVE-2018-8889
PUBLISHED: 2018-09-19
A directory traversal vulnerability in the Connect Service of the BlackBerry Enterprise Mobility Server (BEMS) 2.8.17.29 and earlier could allow an attacker to retrieve arbitrary files in the context of a BEMS administrator account.