Duncan Riley
Latest from Duncan Riley
BlackBerry shares drop despite better-than-expected earnings report
Shares in BlackBerry Ltd. dropped in after-hours trading today despite the company delivering better-than-expected earnings results. For the quarter ended Nov. 30, BlackBerry reported a loss of five cents per share on revenue of $184 million, compared with a loss of 23 cents per share on revenue of $218 million in the same quarter last ...
Security-as-a-service startup ContraForce launches into general availability with $2M in funding
Security-as-a-service startup ContraForce revealed today that it has raised $2 million in seed funding from DataTribe and has launched into general availability. Founded in 2020 by industry security and cloud experts from Armor Defense Inc., McAfee Corp. and Intel Corp., ContraForce offers no-code security automation that focuses on securing small and medium-sized enterprises that lack resources and ...
ZeroFox acquires IDX and announces plans to go public via SPAC
Cybersecurity firm ZeroFox Inc. is set to go public through a special-purpose acquisition company merger with L&F Acquisition Corp. Along with the SPAC merger, ZeroFox also announced today that it’s acquiring Identity Theft Guard Solutions Inc., known as IDX. The SPAC merger values ZeroFox at $1.4 billion. The combined company will be named ZeroFox Holdings ...
As Apache releases new patch, researchers discover new Log4j attack vector
Security researchers have discovered a new attack vector that exploits the Log4j vulnerability as the Apache Foundation has released a new patch to address the overall issue. Discovered late last week by researchers at Blumira Inc., the new attack vector relies on a Javascript WebSocket connection to trigger a remote code execution on internal and locally ...
H&R Block sues Jack Dorsey’s Block for alleged trademark infringement
Tax preparation company H&R Block Inc. today filed a lawsuit against Jack Dorsey’s Block Inc., the company previously known as Square Inc., for alleged trademark infringement. H&R Block claims that its goodwill and brand identity, which it has cultivated over the last 65 years, is under attack by the San Francisco-based tech company. It also ...
Uber partners with Motional to trial driverless food delivery in 2022
Uber Technologies Inc. today announced it’s partnering with autonomous vehicle company Motional Inc. to do a trial of driverless food delivery in 2022. Motional is a joint venture between Hyundai Motor Co. and Aptiv Plc to combine Aptiv’s self-driving car technology with Hyundai’s car-making skills. The company claims that it’s at the forefront of the ...
Reddit, ‘front page of the internet,’ files confidentially for an IPO
Reddit Inc. announced late Wednesday that it has confidentially filed its S-1 paperwork with the U.S. Securities and Exchange Commission to go public in the new year. The number of shares to be offered in the initial public offering and the price range have not yet been determined. Reddit noted that it’s in a quiet period ...
DHS launches bug bounty program with payments of up to $5,000
The U.S. Department of Homeland Security is offering payments of up to $5,000 under a bug bounty program called “Hack DHS.” The bug bounty program is designed to identify potential cybersecurity vulnerabilities within certain DHS systems and to increase the department’s cybersecurity resilience. The bug bounty program is not a free-for-all, however, with only vetted ...
Alleged state-sponsored hackers target Log4j vulnerability as fears of a worm emerge
Attacks exploiting the Apache Log4j vulnerability are continuing to expand, as multiple state-sponsored advance threat groups are now believed to be using the vulnerability and fears emerge that a worm could exploit the vulnerability. The Log4j vulnerability emerged last week and has been described by Jen Easterly, the head of the U.S. Department of Homeland ...
Meta expands bug bounty program to cover scraping, adds new education opportunities
Meta Platforms Inc. today announced a new enhancement to its bug bounty program with the launch of an industry-first bug bounty program for data “scraping” as well as offering further education opportunities for researchers. The Meta bug bounty program will now award valid reports about scraping methods, even if the data they target is public. The program ...








