Duncan Riley

Duncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things. Duncan is a co-founder of VC funded media company B5Media and founder of news site The Inquisitr, and was a senior writer at TechCrunch in its earlier days. Tips? Press releases? Intersting startup? email: duncan@nichenet.com.au or contact Duncan on Twitter @duncanriley

Latest from Duncan Riley

Scammers trick Android users into installing fake, malware-laden Clubhouse app

Audio-based social app Clubhouse has attracted headlines and big venture capital rounds, but the service still is available only for Apple Inc.’s iOS devices. Android users have been keen to check the service out, though, and that’s exactly what some scammers are taking advantage of with fake Clubhouse Android apps. A newly discovered fake Clubhouse Android detailed late ...

REvil ransomware gang demands $50M ransom payment from Acer

Hardware and electronics firm Acer Inc. has been struck by REvil ransomware with the ransomware gang demanding a ransom payment of $50 million. The REvil ransomware gang first announced on their data leak site March 18 that they had breached the Taiwanese company and shared some images of allegedly stolen files as proof. Bleeping Computer reported ...

Coinbase pays $6.5M to settle government investigation into false reporting

Cryptocurrency exchange Coinbase Global Inc. has been fined $6.5 million by the U.S. Commodity Future Trading Commision to settle allegations that it undertook reckless false, misleading or inaccurate reporting as well as so-called wash trading between 2015 and 2018. Along with the fine, announced Friday, Coinbase is also subject to stop any further violations of ...

FBI internet crime report details surge in cybercrime complaints in 2020

The U.S. Federal Bureau of Investigation has delivered its annual internet crime report based on information from 791,790 complaints in 2020, far surpassing 300,000 complaints in 2019. The report found that the top three crimes reported by victims in 2020 were phishing scams, nonpayment or nondelivery scams and extortion. Victims lost the most money to ...

Apple reportedly to begin production of iPad Pro with mini-LED display in April

Apple Inc. is on track to start production of a new iPad Pro with a mini-LED display in April, according to the latest investor note from famed Apple analyst Ming-Chi Kuo. According to Kuo, the new iPad Pro, an upgrade from the last model released in March 2020, will be the first Apple product to ...

XCodeSpy malware targets developers using Apple’s Xcode software

A recently discovered form of Mac malware is being used to target software developers who use Apple Inc.’s Xcode development environment for macOS. Detailed today by researchers at SentinelOne, XcodeSpy is a malicious Xcode project that installs a custom variant of the EggShell backdoor on the developer’s macOS computer along with a persistence mechanism. Once installed, ...

Security ratings firm SecurityScorecard raises $180M for global expansion

Security ratings firm SecurityScorecard Inc. today said it has raised $180 million in new funding to accelerate its growth through new product lines, global expansion, a broadening partner ecosystem and additional functionality to assess and mitigate cybersecurity risk. The Series E round included Silver Lake Waterman, funds and accounts advised by T. Rowe Price Associates, Kayne Anderson ...

Investment platform startup Republic raises $36M to help investors exit early

Investment platform startup Republic has announced it has raised $36 million in new funding to build a system for investors to sell their stakes sooner than the eight to 10 years it usually takes for startups to return money. The Series A round into the company, formally named OpenDeal Inc., was led by Galaxy Interactive and ...

Israeli startup Vulcan Cyber raises $21M to roll out vulnerability remediation solutions

Israeli software security startup Vulcan Cyber Ltd. has raised $21 million in new funding to support the rollout of new vulnerability remediation solutions for cloud and application security teams and deliver a new service. The Series B round was led by Dawn Capital and included Wipro Ventures, YL Ventures and Ten Eleven Ventures. Founded in 2018 and based in ...

Report finds ransomware and ransom payments continued to surge in 2020

Not only did ransomware surge over 2020 but the average ransom payment also rose rapidly, according to a new report from Palo Alto Networks Inc.’s Unit 42 threat intelligence team and the Crypsis incident response team. The Ransomware Threat Report 2021, based on global data from Unit 42 and Crypsis, found that adversaries took advantage ...