Duncan Riley
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Days after Didi goes public, authorities ban it from app stores in China
The Chinese government has ordered the removal of the Didi Chuxing app from app stores in mainland China on security grounds days after parent company Didi Global Inc. went public on the New York Stock Exchange. The order came from the Cyberspace Administration of China on Sunday local time and cited serious violations on collecting ...
New self-assessment tool allows businesses to assess their exposure to ransomware
The U.S. Department of Homeland Security’s Cybersecurity & Infrastructure Security Agency released a new module in its Cyber Security Evaluation Tool Wednesday to allow businesses to assess their exposure to ransomware and their preparedness for defending against an attack. The Ransomware Readiness Assessment is a desktop software tool that guides network operators through a step-by-step ...
Authorities warn of Russian ‘Fancy Bear’ group’s brute-force attack campaign
Authorities in the U.S. and the U.K. today issued a new alert warning that a Russian hacking group is conducting a campaign of brute-force attacks to gain access to networks and steal data. The alert, issued by the U.S. National Security Agency, the Department of Homeland Security’s Cybersecurity and Infrastructure Agency, the Federal Bureau of ...
Robinhood IPO filing shows impressive numbers and a high reliance on Dogecoin
Free stock-trading startup Robinhood Market Inc. today publicly disclosed its initial public offering filing three months after confidentially filing for an IPO with the U.S. Security and Exchange Commission. The S-1 filing spells out Robinhood’s financials for the first time, and the numbers are impressive. In 2020, Robinhood generated revenue of $959 million, up 245% from 2019. ...
PayPal phishing attack uses legitimate services to bypass Google Workspace security
A newly revealed PayPal Holdings Inc. credential phishing attack is using exploited legitimate services to target victims and bypass security services provided by Google LLC Workspace. Detailed today by Bryan O’Neil, vice president of solutions engineering at email security firm Armorblox Inc., the attack exploits issues with PayPal integration with services from companies such as GoDaddy ...
Alleged Capital One hacker indicted on new computer fraud charges
The U.S. Department of Justice has filed additional charges against Paige A. Thompson, the former Amazon Web Services Inc. engineer who allegedly hacked Capital One Financial Corp. in 2019, resulting in the theft of 100 million customer records. Thompson was initially indicted in August 2019 and was accused of hacking Capital One and a range of ...
Autonomous drone delivery startup Zipline raises $250M on a $2.75B valuation
Autonomous drone delivery startup Zipline Inc. today announced that it had raised $250 million in new funding to help it accelerate development of a new model for instant logistics. The Series E round was raised at a valuation of $2.75 billion. Investors included Fidelity, Intercorp, Emerging Capital Partners, Reinvent Capital, Baillie Gifford, Temasek and Katalyst Ventures. Founded ...
Enterprise API security startup Noname Security raises $60M
Enterprise application programming security startup Noname Security today announced it has raised $60 million in new funding amid fast growth. Insight Partners led the Series B round. Other investors included Next47, Forgepoint, The Syndicate Group, Cyberstarts and Lightspeed Venture Partners. Including the new funding, Noname Security has raised $85 million in venture capital funding to date. Founded in 2020, ...
SentinelOne soars, Didi doesn’t on big day for initial public offerings
Updated: On a big day for initial public offerings, cybersecurity provider SentinelOne Inc. today saw its share price soar in its first trading as a public company, but Chinese ride-hailing Didi Global Inc. rose only slightly in its debut. SentinelOne’s shares jumped 21% by the close of trading today. The company, which filed for an ...
Machine learning startup DataRobot reportedly raises $250M on $6B valuation
Machine learning automation startup DataRobot Inc. has raised $250 million in new funding on a valuation of about $6 billion, according to a report today by Axios. Altimeter Capital Management and Tiger Global are said to have led the Series G round. Other investors include T. Rowe Price, BlackRock, Silver Lake and New Enterprise Associates, according to the Axios report. ...