In the most controversial of recommendations to be released by a commission of technology experts, it is being proposed that cyber security work be consolidated under a top White House official, so as to enable use of diplomatic, intelligence and military tools to confront threats in cyberspace.

Researchers say that the 'Koobface' worm - which has been circulating through the popular social networking service, Facebook - is still on the loose, despite Facebook's efforts of cleaning up the mess.

A computer virus dubbed ‘Koobface’ is being spread through the messaging system of social networking sites, like Facebook and MySpace, posing to the users a threat similar to other malware attacks over the years. Users whose computers are infected may have their credit card numbers stolen or their searches on Google, Yahoo and MSN diverted to deceptive Web sites.

In an announcement on Thursday, Microsoft and RSA - the security division of EMC - disclosed their plans of integrating RSA's data loss prevention (DLP) technology with the Windows platform - which implies an expanded technology partnership between the two around digital rights management in the enterprise.

Microsoft Corp has filed 63 lawsuits in a dozen countries, to target sellers of bogus copies of Windows XP, Microsoft Office and other software via online auction sites. The company said it has been receiving complaints from unsuspecting customers having been stung after buying fake discounted Microsoft software and "illicit software components" burned onto a CD.

San Diego headquartered Overland Storage, Inc. has informed that it has signed an ‘Accounts receivable financing pact’ with Marquette Commercial Finance.

Symantec Corp., a global leader in providing security, storage and systems management solutions has launched Norton AntiVirus 2009 Gaming Edition, a new offering designed specifically with the gaming community in mind.

The Norton AntiVirus 2009 Gaming Edition is specially designed for gaming and is likely to use 80% less memory as compared with other antivirus software.

Despite its announced plans to discontinue sales of its subscription-based security service, Microsoft said that it will not compete with security companies like Symantec Corp and McAfee Inc.