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It's been quite a year for the open source platforms. Earlier this year, Microsoft acquired popular code repository hosting service GitHub for $7.5 billion , and now IBM has just announced the biggest open-source business deal ever. IBM today confirmed that it would be acquiring open source Linux firm Red Hat for $190 per share in cash, working out to a total value of approximately $34 billion. Red Hat, known for its Red Hat Enterprise Linux (RHEL) operating system, is a leading software company that offers open-source software products to the enterprise community. Even Oracle uses Red Hat's source code for its Oracle Linux product. Red Hat's last year revenue was $2.4 billion, and this year the company has earned $2.9 billion. But if Red Hat products are open source and updates are free, you might be wondering how does the company earn. Red Hat was one of the first companies who found a successful way to make money from free open-source software. It offers consul...

An Indian security researcher has discovered a highly critical flaw in X.Org Server package that impacts OpenBSD and most Linux distributions, including Debian, Ubuntu, CentOS, Red Hat, and Fedora. Xorg X server is a popular open-source implementation of the X11 system (display server) that offers a graphical environment to a wider range of hardware and OS platforms. It serves as an intermediary between client and user applications to manage graphical displays. According to a blog post published by software security engineer Narendra Shinde , Xorg X server doesn't correctly handle and validate arguments for at least two command-line parameters, allowing a low-privileged user to execute malicious code and overwrite any file—including files owned by privileged users like root. The flaw, tracked as CVE-2018-14665 , was introduced in X.Org server 1.19.0 package that remained undetected for almost two years and could have been exploited by a local attacker on the terminal or vi...

Facebook has finally been slapped with its first fine of £500,000 for allowing political consultancy firm Cambridge Analytica to improperly gather and misuse data of 87 million users . The fine has been imposed by the UK's Information Commissioner's Office ( ICO ) and was calculated using the UK's old Data Protection Act 1998 which can levy a maximum penalty of £500,000 — ironically that's equals to the amount Facebook earns every 18 minutes. The news does not come as a surprise as the U.K.'s data privacy watchdog already notified the social network giant in July this year that the commission was intended to issue the maximum fine. For those unaware, Facebook has been under scrutiny since earlier this year when it was revealed that the personal data of 87 million users was improperly gathered and misused by political consultancy firm Cambridge Analytica , who reportedly helped Donald Trump win the US presidency in 2016. The ICO, who launched an investigation...

When it comes to security updates, Android is a real mess. Even after Google timely rolls out security patches for its Android platform, a major part of the Android ecosystem remains exposed to hackers because device manufacturers do not deliver patches regularly and on a timely basis to their customers. To deal with this issue, Google at its I/O Developer Conference May 2018 revealed the company's plan to update its OEM agreements that would require Android device manufacturers to roll out at least security updates regularly. Now, a leaked, unverified copy of a new contract between Google and OEMs obtained by The Verge reveals some terms of the agreement that device manufacturers have to comply with or otherwise they have to lose their Google certification for upcoming Android devices. Google's New Terms for Android Security Updates According to the leaked contract, Android OEMs will now be required to regularly roll out security updates for popular devices—lau...

Cybersecurity firm FireEye claims to have discovered evidence that proves the involvement of a Russian-owned research institute in the development of the TRITON malware that caused some industrial systems to unexpectedly shut down last year, including a petrochemical plant in Saudi Arabia. TRITON , also known as Trisis, is a piece of ICS malware designed to target the Triconex Safety Instrumented System (SIS) controllers made by Schneider Electric which are often used in oil and gas facilities. Triconex Safety Instrumented System is an autonomous control system that independently monitors the performance of critical systems and takes immediate actions automatically if a dangerous state is detected. Since malware of such capabilities can't be created by a computer hacker without possessing necessary knowledge of Industrial Control Systems (ICS), researchers believe with "high confidence" that Moscow-based lab Central Scientific Research Institute of Chemistry and...