Duncan Riley
Latest from Duncan Riley
PayPal to offer cryptocurrency services to customers from their existing accounts
PayPal Inc. today launched a new service that will allow users to buy, hold and sell cryptocurrency directly from their existing PayPal accounts. The service will initially provide support for bitcoin, Ethereum, Bitcoin Cash and Litecoin and will be available to PayPal users in the U.S. in the coming weeks. Cryptocurrency support for Venmo, PayPal’s ...
After IPO, McAfee’s shares falter on first day of trading
After going public late Wednesday at $20 a share, cybersecurity firm McAfee Corp. saw its shares tumble about 7% as they sold for the first time on the public market Thursday. The $20 figure was below the maximum figure of $22 per share McAfee proposed in its S-1 U.S. Securities and Exchange Commission filing, but that still didn’t get ...
Xilinx stock rises as the chipmaker beats revenue estimates
Shares in Xilinx Inc. rose slightly in after-hours trading after the chipmaker delivered better-than-expected second-quarter earnings results. The company, which makes customizable chips called field-programmable gate arrays for the aerospace and defense industries as well as for servers and consumer products, reported revenue of $766.5 million in the quarter, down 8% from a year ago but ...
Report finds surge in cybercriminal activity targeting retail and hospitality
Cybercriminal activity has been increasing across the board in a year dominated by COVID-19, and a new report from Akamai Technologies Inc. details the rise in criminal activity targeted at the retail and hospitality sectors. “The State of the Internet/ Security Report: Loyalty for Sale – Retail and Hospitality Fraud” details the current state of criminal activity ...
Pharma giant Pfizer exposes patient data on unsecured cloud storage
Global pharmaceutical giant Pfizer Inc. has suffered a data breach with patient information found exposed on unsecured cloud storage. Discovered and publicized today by researchers at vpnMentor, the exposed data was found on a misconfigured Google Cloud storage bucket. The data included hundreds of conversations between Pfizer’s automated customer support software and people using its prescription pharmaceutical ...
Darkside ransomware group donates part of its extorted proceeds to charities
In a bizarre case that is being compared to the saga of Robin Hood, a ransomware group has started donating some of its extorted proceeds to charities. The Darkside ransomware group and related ransomware first emerged in August and was linked to previous groups GandCrab and Sodinokibi at the time. Although there are similarities in the ...
Mobile browser vulnerabilities allow hackers to spoof website addresses
Vulnerabilities have been found in multiple mobile browsers that allow hackers to spoof the URL of websites in the address bar. Detailed today by researcher Tod Beardsley at Rapid7 Inc., the address bar spoofing vulnerabilities were found in Apple Inc.’s Safari, Opera Touch/Mini, Yandex, Bolt Browser, RITS Browser and UC Browser. Although most of those are not ...
Low-code enterprise app maker startup Retool raises $50M on $925M valuation
Low-code enterprise app maker startup Retool Inc. said today it has raised $50 million in new funding on a valuation of $925 million, just shy of unicorn status. The Series B round was led by Sequoia Capital and included the founders of GitHub, Gusto, PagerDuty, Plaid, Segment, Stripe and Y Combinator. Founded in 2017, Retool offers a ...
Banyan Security adds new access features to its zero-trust platform
Security firm Banyan Security today announced new features in its Zero Trust Remote Access Platform that are designed to assist access to critical engineering resources. The new features help engineers and software developers access the engineering resources and environments they need while providing a uniform security posture across the entire corporate organization without the need for ...
Data stolen in hack of medieval fantasy online game Albion Online
Albion Online, a free medieval fantasy massively multiplayer online role-playing game, has suffered a data breach. The site and game were established in 2017 and has a user base of about 2.36 million players. The data breach allegedly occurred not in the game itself but the game’s forum. Albion Online uses forum software called WoltLab Suite. ...