As Colonial Pipeline Co. scrambles to restore services after a ransomware attack forced it to shut down its fuel pipeline system, the story has taken a strange twist: The ransomware gang behind the attack is promising to be more careful in whom it targets in future attacks. As reported yesterday, the attack on Colonial Pipeline, ...

It was a tale of two contrasting cybersecurity-related companies in earnings reports today, as cybersecurity software and services firm NortonLifeLock Inc. topped analysts’ forecasts while identity management company SailPoint Technologies Inc. missed predictions. Not surprisingly, the results sent share prices of each heading in opposite directions. For its fourth-quarter ended April 2, NortonLifeLock reported revenue ...

Audio-based social startup Clubhouse has finally released an Android app at a time when the much-hyped company has seen its popularity start to decline. The app, initially available only in beta in the U.S. ahead of a wider global launch and release, is, like the iOS version, still invite-only. That means that although Android users ...

A major U.S. fuel pipeline system has been shut down following a ransomware attack. The pipeline system, owned and operated by the Colonial Pipeline Co., carries more than 100 million gallons of gasoline, diesel, home heating fuel and jet fuel a day and links refineries in Texas to New York via the East Coast. In ...

Ryuk, one of the better-known and more insidious forms of ransomware, has been targeting hospital and healthcare providers over the last year, but exactly how it gets into networks to begin with has varied between attacks. The path of infection for most ransomware is using phishing, followed by targeting servers with vulnerabilities. But a new ...

A vulnerability found in chips manufactured by Qualcommm Inc. that are used in 40% of the world’s smartphones can allow an attacker to inject malicious code. Discovered and publicized today by security researchers at Check Point Software Technologies Ltd., the vulnerability is found in Qualcomm’s mobile station modem, the chip responsible for cellular communication. MSM is ...

Google LLC today announced that it will start automatically enrolling account users into two-factor authentication. Announced on World Password Day, the move is pitched by Google as increasing account security by removing “the single biggest threat to online security”: passwords. “They are easy to steal, they’re hard to remember and managing them is tedious,” Mark ...

Shares in Square Inc. rose only slightly in after-hours trading despite the financial services provider smashing analyst forecasts on both revenue and profit. For the quarter ended March 31, Square reported revenue of $5.06 billion, a nearly fourfold increase from a year ago and up from $3.16 billion in the previous quarter. Square reported a ...

Interactive exercise equipment company Peloton Interactive Inc. has suffered a potential data breach after it was discovered that its application programming interface exposed user data including private accounts. The revelation came on the same day the company was forced to recall two of its treadmills following the death of a six-year-old child. The API vulnerability was ...

Enterprise cryptocurrency wallet and custodial services startup BitGo Inc. has been acquired by Galaxy Digital Holdings Ltd. for $1.2 billion. Founded in 2013, BitGo offers enterprise-grade multiuser cryptocurrency wallets along with application programming interface access to its underlying security platform. Offering “multisig,” for multisignature, the company’s cryptocurrency wallets require a transaction to have two or more signatures before ...