Duncan Riley
Latest from Duncan Riley
Looking to drive sales of Nest devices, Google invests $450M in security firm ADT
Google LLC is investing $450 million into security company ADT Inc. in return for a 6.6% stake and a deal to drive sales of its Nest devices. ADT is one of the world’s oldest security companies, established in 1874, and is best known today for its electronic security, fire protection and other alarm monitoring services. ...
Garmin reportedly paid off hackers following a ransomware attack
GPS and wearables company Garmin Ltd. is reported to be the latest company to pay a ransom following a ransomware attack in a trend that some security experts say only encourages more attacks. News that Garmin was suffering from a ransomware attack first emerged on July 23. While best known to consumers for its GPS units, ...
Travel management company CWT hands over $4.5M following ransomware attack
Business travel management company CWT Global B.V. is the latest company to pay a ransom demand following a ransomware attack. According to report Friday by Reuters, the company paid $4.5 million to those behind the ransomware after the attack knocked some 30,000 of the company’s computers offline. The hackers are also alleged to have stolen reams of sensitive ...
Twitter hackers were caught after sending bitcoin to verified Coinbase accounts
Following the arrest of three people in relation to the hacking of Twitter Inc. on Friday, more details have emerged as to how the trio were tracked down and how they managed to gain access to Twitter. The mastermind of the hack was not named by the U.S. Federal Bureau of Investigation but was later ...
Uncertainty surrounds TikTok as Microsoft talks to Trump about potential acquisition
Uncertainty surrounds the future of Chinese-owned social video app TikTok today following an 11th-hour bid by Microsoft Corp. to acquire the company’s U.S. arm ahead of a possible ban on the app from the Trump administration. Reports that TikTok could be sold to U.S. investors first emerged July 23 before a possible ban, with Microsoft coming to ...
North Korean hackers target defense and aerospace industry in ‘Operation North Star’
North Korean hackers are expanding their efforts to break into U.S. defense and aerospace companies in a series of attacks dubbed “Operation North Star.” Detailed Wednesday by researchers at McAfee Advanced Threat Research, the operation involves the use of a series of malicious documents containing job postings taken from leading defense contractors. The documents, which typically contain ...
OkCupid security flaws could have allowed hackers to compromise dating accounts
IAC/Interactivecorp-owned dating service OkCupid has fixed security flaws in its website and apps that could have allowed hackers to access personal data and private messages of the service’s 50 million users. The vulnerabilities were found and revealed Wednesday by security researchers at Check Point Software Technologies Ltd. and covered a range of sloppy coding. The vulnerabilities ...
Mimecast acquires MessageControl to increase its email protection services
Email security provider Mimecast Ltd. said today it has acquired eTorch Inc., the owners of MessageControl, a messaging security provider that offers solutions to stop social engineering and human activity attacks, for an undisclosed price. Founded in 2015, MessageControl uses artificial intelligence to stop identity attacks. The company’s offering inspects email attributes and content and then ...
Atlassian shares plunge on weaker guidance
Shares in enterprise productivity software company Atlassian Corp. Plc. plunged in after-hours trading on weaker-than-expected guidance today despite the company beating market predictions in its quarterly earnings report. For its fourth quarter ended June 30, Atlassian reported revenue of $430.5 million, up 29% from a year. It reported a net loss of $385.2 million, or $1.56 ...
Plurilock lands DHS contract to develop its machine-to-machine authentication tools
Authentication technology startup Plurilock Security Solutions Inc. today announced it has landed a contract with the U.S. Department of Homeland Security to do further development on its advanced machine-to-machine authentication and anomaly detection tools. The contract, funded through the DHS Science and Technology Directorate’s Silicon Valley Innovation Program, will assist Plurilock in its development of intelligent M2M authentication. ...