Duncan Riley
Latest from Duncan Riley
Critical vulnerabilities in VMware software targeted by hackers
The U.S Department of Homeland Security’s Cybersecurity and Infrastructure agency has warned companies to update and apply patches to VMware Center Server and VMware Cloud Foundation software after critical vulnerabilities were found exploited in the wild. The two vulnerabilities, formally named CVE-2021-21985 and CVE-2021-21986, were both detailed and patched by VMware on May 25. As ...
Authorities seize $2.3M in bitcoin sent to group behind Colonial Pipeline ransomware attack
The U.S. Department of Justice has seized 63.7 bitcoin ($2.3 million) sent to the DarkSide ransomware group by Colonial Pipeline Co. as a ransom payment in May. Colonial Pipeline was struck by a ransomware attack on May 7, subsequently forcing the company, which carries more than 100 million gallons of gasoline, diesel, home heating fuel and jet ...
Fujifilm forced to shut down servers following a ransomware attack
Fujifilm Holdings Corp. was forced to shut down some servers in its network following a suspected ransomware attack. Fujifilm, to those who can remember the age before digital cameras and later smartphones with cameras, was the Japanese version of Eastman Kodak Co. and the main competition in many countries for processing 35mm film. Unlike the ...
Justice Department elevates ransomware attacks to the same priority as terrorism
The U.S. Department of Justice has elevated investigations into ransomware and given them a similar priority as terrorism, according to a June 3 report from Reuters. The decision comes after attacks on Colonial Pipeline Co. and JBS S.A. The former caused fuel shortages on the East Coast of the U.S. and the latter resulted in ...
DocuSign shares rise on stronger than expected quarterly earnings
Shares in digital document signing tools company DocuSign Inc. rose in after-hours trading after the company beat Wall Street expectations in its quarterly earnings report. For the quarter ended April 30, DocuSign reported revenue rose 58% from a year ago, to $469.1 million. Subscription revenue rose even more, up 61%, to $451.9 million. The company ...
Go team: Shares in Asana surge while Slack sags as both report strong earnings
In a tale of two team collaboration companies, shares in Asana Inc. surged in after-hours trading while shares in Slack Technologies Inc. fell slightly after both companies delivered strong quarterly earnings reports today. For the quarter ended April 30, Asana reported revenue jumped 61% from a year ago, to $76.7 million. The company lost $23.7 ...
Shares in CrowdStrike flat despite the cybersecurity firm’s earnings beat
Shares in CrowdStrike Holdings Inc. were flat in after-hours trading today despite the company beating analysts’ predictions for its fiscal first quarter. For the quarter ended April 30, CrowdStrike reported revenue shot up 70% from a year ago, to $302.8 million, also up from $264.9 million in the previous quarter. Annual recurring revenue jumped 74% year-over-year, to ...
FireEye to sell product group in $1.2B deal, will retain Mandiant business
Cybersecurity firm FireEye Inc. today announced that it will sell its products group to private equity company Symphony Technology Group for $1.2 billion. Under the deal, FireEye is also selling its name and core business but will retain assets that were acquired from Mandiant Inc. in a $1 billion stock-and-cash deal in 2014. The sale ...
Smartsheet shares jump on better-than-expected quarterly earnings
Shares in work management platform provider Smartsheet Inc. jumped in after-hours trading today after the company beat analysts’ predictions in its fiscal first-quarter earnings. For the quarter ended April 30, Smartsheet reported it lost $38.4 million on a 37% rise in revenue from a year ago, to $117.1 million. The company’s loss before costs such as ...
Survey finds CISOs are relying on outdated, report-based threat intelligence
The vast majority of chief information security officers rely on outdated, report-based threat intelligence, according to a new threat intelligence survey from threat intelligence firm Cybersixgill Ltd. Based on a survey more than 150 CISOs at firms with at least 10,000 employees or more than $1 billion in revenue, at least 90% of CISOs rely ...