Duncan Riley
Latest from Duncan Riley
Cloud enterprise identity security company SailPoint Technologies Holdings Inc. announced a number of new capabilities today at its Navigate 2021 conference, led by Workflow, a service to automate tasks. Sailpoint’s Workflow, offered on a software-as-a-service basis, is pitched as allowing users to …
US terrorist watchlist found exposed on unsecured cloud storage
A terrorist watch list compiled by the U.S. government with 1.9 million records has been found exposed online in the latest case of unsecured cloud storage. Detailed today by security researcher Bob Diachenko, the watch list was discovered on an exposed Elasticsearch …
Music distribution startup Distrokid hits unicorn status with Insight Partners funding
Online music distribution startup Kid Distro Holdings LLC, best known as Distrokid, today said it has raised an undisclosed amount of new funding to fuel the continued development of its tools. The funding came from Insight Partners and valued the company at …
T-Mobile confirms it was hacked again
T-Mobile USA Inc. today confirmed that reports over the weekend that it was hacked, although it declined to provide specific details. The company launched an investigation after a hacker named “Subvirt” advertised allegedly stolen data on the popular hacking site Raid Forums. While the …
T-Mobile launches investigation after hacker claims to have stolen customer data
T-Mobile USA Inc. has launched an investigation into a hacker advertising allegedly stolen customer records on a popular hacking forum. The hacker, who goes by the name of “Subvirt,” made the post on Raids Forum and is asking for a payment of …
UK regulator rules against Facebook’s acquisition of Giphy on competition grounds
The U.K. competition regulator today said it has provisionally ruled that Facebook Inc.’s acquisition of Giphy Inc. lessens competition and will force the social media giant to sell the company should the ruling become final. Facebook acquired Giphy, an animated GIF image …
Circle announces plans to become a fully registered bank
Ahead of its plans to go public via a special-purpose acquisition company, Circle Internet Financial Inc. has announced its intention to become a fully registered bank. Under the proposal, Circle will become a full-reserve commercial bank registered with the U.S. Federal Reserve, …
Airbnb shares fall on warning that COVID Delta variant will hurt bookings
Shares in Airbnb Inc. dropped in after-hours trading today despite a solid earnings report after the company warned of the impact of the Delta COVID-19 variant on bookings. For its second quarter of 2021, Airbnb reported revenue of $1.3 billion, up 299% …
Lidar startup Innovusion raises $66M to boost production and expand market reach
Lidar startup Innovusion Inc. today announced it has raised $66 million in new funding to increase the production capabilities of its automotive-grade lidars, expand its global footprint and broaden its research and development efforts. Guotai Junan International Private Equity Fund led the Series B …
$50M payment demanded from Accenture in ransomware attack
Information technology consulting giant Accenture PLC has been struck by ransomware that resulted in customer data stolen. The attack is believed to have taken place today. The LockBit 2.0 ransomware gang took responsibility, claiming to have stolen 6 terabytes of data. It …