Friday, March 29

Tag: McAfee

McAfee to Provide Security Solutions for Mobile Wallet
News

McAfee to Provide Security Solutions for Mobile Wallet

McAfee, the leading cyber-security company, is now focusing on developing security solutions for digital wallets to overcome frauds and scams, an aim driven by the increasing use of mobile wallet payment platforms. A quarter of McAfee’s global workforce hail from its Bengaluru office and has now made it a priority to find solutions to frauds and scams that can be achieved from digital wallets. For example, A report from ET published a few weeks ago stated that cases whereby fraudsters were buying merchandise by sending merchants fake mobile wallet payment confirmation messages were on the rise. India has a large number of wallets when compared to other countries. While these wallets are expanding to the newer regions of the country, the number of scams is also increasing by the day, ...
McAfee to Ramp Up Investment in India & Add New Jobs
News

McAfee to Ramp Up Investment in India & Add New Jobs

IT security firm McAfee is looking at adding more jobs at its centre in Bengaluru and will continue to invest in growing local business in India, a top official said today. Global chipmaker Intel had last September spun out McAfee as a separate company with private equity player TPG owning 51% share in the new entity. The deal is expected to close in the second quarter of 2017. "One of our largest sites around the world is in Bangalore. We continue to invest in that. We are actually adding new functions into the site there," said Intel Security General Manager and SVP Christopher Young. "Under Intel, it was primarily development centre, but now we are adding finance, IT, HR to that site as well to support the new (unit)," he added. While Young declined to comment on investment ...