Duncan Riley
Latest from Duncan Riley
Cisco Systems Inc. today confirmed that its network was breached in a ransomware attack in May. The attack was undertaken by the Yanluowang ransomware gang, which then attempted to extort Cisco with the threat that if a ransom wasn’t paid, the stolen files …
PitchBook: Valuations on early-stage startups decline amid economic uncertainty
A new report from PitchBook finds that the median pre-money valuation on early-stage startups is declining amid economic uncertainty and investor caution, with other venture capital sectors showing mixed results. PitchBook venture capital analysts found that there are signs of decline across …
Authorities investigating ongoing DDoS attacks against Currency.com
U.K. authorities are investigating distributed denial-of-service attacks that have targeted cryptocurrency exchange Currency Com Global LLC, better known as Currency.com. The attacks started in April after the founder of Currency.com founder Viktor Prokopenya announced the company was pulling out of Russia in …
Russian hacking group claims attack on Lockheed Martin
A prominent Russian hacking group is claiming to have attacked and taken offline websites run by U.S. aerospace manufacturer Lockheed Martin Corp. Killnet, which was previously in the news in June after taking responsibility for a distributed denial-of-service attack targeting organizations in …
Cloud data protection startup Nightfall AI raises $40M
Cloud data protection startup Nightfall AI said today it has raised $40 million in new funding to extend its reach, expand its integration and partner ecosystem, and develop new products. WestBridge Capital led the Series B round. Bain Capital Ventures, Venrock, Pear VC …
Severe security issues on Device42 platform opens the door to attackers
Researchers at S.C. Bitdefender SRL today detailed multiple severe security issues on the Device42 Inc. platform that opens the door to attackers. Device42 offers devices for discovery, asset management and dependency mapping for data centers and the cloud. The vulnerabilities were found in …
New Cybereason MDR Mobile App allows for remote response to security threats
Cybersecurity platform provider Cybereason Inc. today launched a new mobile app that allows customers to respond from their phone to potential cyber threats anywhere in the world. The Cybereason Managed Detection and Response Mobile App provides instant access to the Cybereason MDR Dashboard, allowing …
CrowdStrike’s new AI-powered ‘Indicators of Attack’ offer enhanced visibility of cloud intrusions
CrowdStrike Holdings Inc. today introduced artificial intelligence-powered “Indicators of Attack,” a new innovation for fileless attack prevention at large scale that delivers enhanced visibility of stealthy cloud intrusions. The new service is available on the CrowdStrike Falcon platform and powered by the its …
Biden signs CHIPS act aimed at promoting chipmaking and scientific research
U.S. President Joe Biden today signed the CHIPS and Science Act into law, a bipartisan bill aimed at promoting chipmaking and scientific research. The act, which Congress passed in August, includes more than $52.7 billion for U.S. companies that produce computer chips and billions …
Coinbase shares drop on another quarterly earnings miss
Shares in Coinbase Global Inc. dropped in late trading after the cryptocurrency exchange once again missed earnings estimates. For its second quarter ended June 30, Coinbase reported a loss of $4.98 per share, up from $3.45 in the same quarter last year. …