Duncan Riley
Latest from Duncan Riley
Kitchenware maker Meyer Corp. U.S. has disclosed that employee data was stolen in a ransomware attack that targeted the company in October. In a data breach notification filed with the Office of the Maine Attorney General, Meyer said the breach occurred on …
Jambo raises $7.5M to build web3 ‘superapp’ of Africa
African web3 startup Jambo announced today that it has raised $7.5 million in new funding to build out its pioneering web3 “superapp” of Africa. Investors in the seed round included Delphi Ventures, Coinbase Ventures, 3 Arrows Capital, Alameda Research, AllianceDAO, Tiger Global, DeFiance Capital, …
New Android ‘Xenomorph’ banking malware targets European banks
A newly detailed form of Android banking malware has been found to be targeting 56 different European banks. Discovered by researchers at ThreatFabric and revealed today, the banking trojan has been dubbed “Xenomorph” because it has its roots in a previous form …
Hundreds on NFTs stolen in phishing attack targeting OpenSea users
Hundreds of nonfungible tokens have been stolen from NFT marketplace OpenSea with a value of at least $1.7 million. The theft took place between 5 p.m. and 8 p.m. EST on Saturday and involved 32 users. According to a tweet Saturday by Devin Finzer, co-founder and …
Circle signs new SPAC merger deal on a valuation of $9B
Cryptocurrency and blockchain services provider Circle Internet Financial Inc. today announced that it will now go public via a special-purpose acquisition company in a new deal that values it at $9 billion. Circle announced in July that it intended to go public with Concord …
Justice Department appoints cryptocurrency crime head, announces new FBI crypto unit
The U.S. Department of Justice has appointed its first head of a National Cryptocurrency Enforcement Team and announced that the Federal Bureau of Investigation is establishing a new Virtual Asset Exploitation Unit. The first appointed head of the NCET is Eun Young Choi. Described …
Cybersecurity concerns cited as the biggest impediment to cloud adoption
A new report from Confluera Inc. has found that information technology leaders cited cybersecurity concerns as the biggest impediment to cloud and multicloud adoption. The 2022 Cloud Cybersecurity Survey Report polled 200 U.S. IT leaders at medium to large-sized organizations on how …
No-code workflow automation startup Bardeen launches with $3.5M in funding
No-code workflow automation startup Bardeen Inc. today launched out of stealth mode, announcing it has raised $3.5 million in a seed round that included 468 Capital and FirstMark Capital as investors. Founded in 2020, Bardeen offers a no-code platform designed to provide workflow automation …
Apache Cassandra vulnerability has the potential to ‘wreak havoc’
A new remote code execution vulnerability in Apache Cassandra has the potential to “wreak havoc” on systems used by large companies. Cassandra is a free, open-source, distributed NoSQL database management system that handles large amounts of data across commodity servers. Originally created by …
US government warns Russian hackers are targeting defense contractors
The U.S. Federal Bureau of Investigation, the National Security Agency and the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency today issued an alert that Russian state-sponsored hackers are actively targeting defense contractor networks. The alert states that from at least …