Hon Hai Precision Industry Co., better known as Foxconn, has been struck by a ransomware attack that briefly caused issues at its production facilities in Mexico and resulted in data stolen. First reported Monday by Bleeping Computer, the ransomware attack occurred over the Thanksgiving weekend and involved the infamous DoppelPaymer gang. The attack, which targeted the Foxconn plant ...

Samsung Electronics Co. Ltd. is planning to announce its latest range of flagship smartphones in the new year as a teaser trailer for the devices leaked online. The date hasn’t been officially announced, but Android Police, referencing unnamed sources, said the next Samsung Unpacked event that will debut the new S series range will be held ...

Security researchers have discovered 33 vulnerabilities in four open-source libraries used by millions of connected devices that make them vulnerable to hacking. Detailed today by researchers at Forescout Technologies Inc., the vulnerabilities, dubbed “Amnesia:33,” affect source TCP-IP stacks uIP, FNET, picoTCP and Nut/Net. The vulnerabilities primarily cause memory corruption, allowing attackers to compromise devices, execute malicious code, ...

Cybersecurity firm FireEye Inc. has been hacked, as security testing tools were stolen by what the company believes were state-sponsored attackers. Those behind the attack, who are also described as “a nation with top-tier offensive capabilities,” are said to be “highly trained in operational security and executed with discipline and focus” and “operated clandestinely, using methods that ...

Israeli cloud cybersecurity startup Orca Security Ltd. announced today it has raised $55 million in new funding to expand its cloud security and compliance capabilities, hire more people open new sales offices in the U.K. and Australia. The Series B round was led by ICONIQ Growth and included previous investors GGV Capital, YL Ventures and Silicon Valley CISO Investments. Founded ...

Shares of Coupa Software Inc. rose in after-hours trading today after the payments software firm beat expectations in its quarterly earnings report. For the quarter ending Oct. 31, Coupa reported a profit before costs such as stock compensation of revenue of $11.6 million, or 18 cents a share, on a revenue rise of 31%, to $133 million, from a ...

Shares in work management platform provider Smartsheet Inc. surged in after-hours trading today after the company smashed analyst predictions in its quarterly earnings report. For the quarter ended Oct. 31, Smartsheet reported revenue rose 38% over a year ago, to $98.9 million. Its loss before costs such as stock compensation was $15 million, or 12 cents per ...

Developing self-driving autonomous vehicles is hard. In the late 2000s, multiple companies came on to the scene promising to develop technology that would negate the need for an actual driver and some expected by 2020 that self-driving cars would be a regular thing by now. They’re not. While various companies have come and gone, two ...

Crypto investment firm Abra Inc. today launched a new global cryptocurrency marketplace designed to enable consumers to compare prices and purchase more than 650 crypto assets from one place. The company was founded in 2014 as a peer-to-peer blockchain remittance service but in later years shifted into offering both traditional cryptocurrency exchange services and the ability ...

The public transport system of Vancouver, Canada, has been struck by a ransomware attack from the same gang that targeted big-box retailer Kmart earlier in the week. The attack on Translink was first discovered Dec. 2 when the statutory authority tweeted that it was investigating suspicious activity on its network, but the attack may date to ...