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Republicans claim 1st Amendment right to send you robo-voicemails

GOP asks FCC to exempt direct-to-voicemail messages from robocall rules.

Massive ransomware attack hits UK hospitals, Spanish banks

Ransomware attack appears to be targeting institutions in several European countries.

Report: Alexa-powered touchscreen speaker—Amazon Echo Show—coming soon

Device will apparently display shopping search results and make video calls.

Feds propose heightened social media vetting of visa applicants

Plan applies to applicants "who have been determined to warrant additional scrutiny."

Plan to kill municipal broadband fails in state legislature

Angry constituents convince Maine lawmakers to vote against Republican bill.

Abuse, theft, exposure: What’s in store for your web history

“If you’re being watched, you change your behavior, and that means you have less freedom.
I don’t think you can have freedom without privacy.” —Kevin Mitnick, quoted in my new book, "Hacking the Hacker."
The United States has a long history of protecting at least some individual privacy rights with respect to common carriers. Much of the current protection was gained with the passage of the Communications Act of 1934 and further amended by the Telecommunications Act of 1996.

The 1934 act put radio and telephone companies under the control of the FCC, and the 1996 act added ISPs and cable companies.To read this article in full or to leave a comment, please click here

Yahoo breach lessons IT can’t ignore

As more details emerge about how a group of four Russians breached Yahoo, it's increasingly clear that the Internet's very interconnectedness is what makes us so vulnerable to online attacks.
It's enough to want to just unplug from the Internet and...

Microsoft’s Teams is almost excellent Slack-killer, and it’s now live for...

It's a remarkably fine version 1, but not quite the Web-IRC we were hoping for.

Sprint’s long VoIP patent war leads to $140M verdict against Time...

Can Sprint's patent lawyers force competitors to pay up for VoIP?

Singapore defense ministry suffers data breach affecting 850 users

Breach in Ministry of Defence's system compromised the personal data of 850 national servicemen and employees, whose identification and telephone numbers as well as birthdates were stolen.

Telemarketing Firm Leaks 400,000 Recorded Calls

Credit card data and personal information in the form of recorded telephone sales pitches and sales confirmations were leaked online by telemarketer.

Cognosec enters exclusive agreement to acquire UK-based A-tek Distribution Limited

Cognosec AB (publ) (“Cognosec” or “The Company”), (Nasdaq: COGS), a leading supplier of cyber security solutions with operations in Europe, Africa and the Middle East, has signed an exclusive agreement with A-tek Distribution, a UK-based company specialising in the sale and digital distribution via innovative portal technologies of cyber security solutions, products and services.

The acquisition is in line with Cognosec’s strategy to expand business areas to cover the sale and distribution of software technologies over the internet.

This press release includes inside information of Cognosec AB (publ) (“Cognosec” or “The Company”) that has been subject to postponement of disclosure.

The disclosure of inside information was postponed on December 8, 2016 under Article 17 (4) of Regulation (EU) No 596/2014 (Market Abuse Regulation).

Cognosec AB today announces the signing of Heads of Terms of Agreement pursuant to the acquisition of A-tek Distribution, which is expected to close in Q1, 2017 subject to legal, financial and technology due diligence exercises.

A-tek Distribution was founded in 2009, and is a United Kingdom registered company.

The transaction will include the acquisition of 100% of outstanding shares for a consideration of approximately €275,000[1] comprised of €44,000 cash and €231,000 Cognosec AB new issue shares.

The transaction will be completed by Cognosec AB subsidiary, Credence Security.

There will be no other impact on Cognosec AB’s balance sheet.

A-tek Distribution is a specialist Digital Software Distribution Business, distributing cyber security solutions by portal and established by pioneers of digital software distribution who between them, possess over 85 man years of digital software distribution.

A-tek is positioned as a New Age Distribution Business, enabling global access to the vast SME markets with Pay-as-you-Use and Software-as-a-Service cyber security solutions.

The technology platform provides significant scalability and global advantages through innovative distribution methodologies.

A-tek Distribution recorded revenues of EUR101 510 2[2] in FY2016 and EBITDA of EUR 48 5602.

The acquisition of A-tek improves Cognosec’s competitive advantage for both vendors and customers alike.

This addition also expands Credence Security’s current product portfolio to incorporate cyber security solutions for secure operation centers, network operation centers, datacenters, mobile platforms, virtualised environments as well as providing critical fraud prevention solutions into the technology, media, telecommunications, financial and public sectors.

Commenting on the acquisition of the business by Cognosec AB, Robert Hall, A-tek Distribution’s Co-founder, says that - “It will allow the Company to fast track the overview above, whilst working together with a globally recognised provider of cyber security excellence to secure additional distribution agreements giving our current and future partners tremendous platforms for future growth, productivity and profitability."

Robert Brown, CEO of Cognosec AB commented – “We are delighted to broaden and deepen our business in line with our strategies through the acquisition of A-tek, a highly respected and experienced team.

Through A-tek, Cognosec will be extending its customer base with the addition of web-based digital distribution portals covering existing and new segments of this growing market.

Cognosec recognises the expansion of distribution of cyber security software through innovative portal solutions providing products and services with a strong emphasis on the SME markets as our strategic focus."

[1]The transaction will complete in GBP so the approximation is for the GBP:EUR exchange rates which were taken at mid-market on 23rd January 2017, 1GBP=1.158EUR.
[2]A-tek Distribution Limited uses GBP as reporting currency.

The approximation is for GBP:EUR exchange rates which were taken at mid-market on 23rd January 2017, 1GBP=1.158EUR.

Certified Adviser
Mangold Fondkommission AB is the Company’s Certified Adviser.
Telephone: +46 (0)8 5030 1550
E-mail: info@mangold.se

FOR FURTHER INFORMATION, PLEASE CONTACT:
Magnus Stuart
IR-contact, Cognosec AB
Email: magnus.stuart@cognosec.com

Aidan Murphy / Matthew Watkins
PR contacts, Finn Partners
Email: Cognosec@FinnPartners.com
Call: +44 (0)20 3217 7060

This information is information that Cognosec AB is obliged to make public, pursuant to the EU Market Abuse Regulation.

The information was submitted for publication, through the agency of the contact person set out above, on 24th January, 2017, at 15.00 CET.

ABOUT COGNOSEC
Cognosec AB (publ) (Nasdaq: COGS) is engaged in the provision of cyber security solutions and conducts its operations through the Swedish parent company and through subsidiaries in South Africa, UK, Kenya, and the United Arab Emirates.

The Group delivers services and technology licences to enhance clients’ protection against unwanted intrusion and to prevent various forms of information theft.

The parent company is domiciled in Stockholm, Sweden.

Cognosec employs 110 people and had revenues of EUR 16.8 million in 2015. Please visit www.cognosec.se for more information.