Lookout Mobile Security Secures $40 Million Investment Led by Andreessen Horowitz

SAN FRANCISCO–(BUSINESS WIRE)– Lookout Mobile Security, the leader in smartphone security, today announced the closing of a $40 million funding round led by Andreessen Horowitz. Jeff Jordan from Andreessen Horowitz will join the company’s Board of Directors. Current investors Khosla Ventures, Accel Partners and Index Ventures also participated in the…

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SpyEye Trojan stole $3.2 million from US victims

A Russian cybergang headed by a mysterious ringleader called ‘Soldier’ were able to steal $3.2 million (£2 million) from US citizens earlier this year using the SpyEye-Zeus data-stealing Trojan, security company Trend Micro has reported. Over a six month period from January 2011, Trend found that the Soldier gang had…

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