A new report from Unit 42, the threat intelligence team at Palo Alto Networks Inc. has uncovered 34 million vulnerabilities across leading cloud service providers, highlighting that organizations are struggling with securing cloud installations. Released today, the Cloudy with a Chance of Entropy report analyzed data from January 2018 to June 2019 to uncover the ...

A new form of Android spyware embedded in functional fake apps is one of the most sophisticated ever seen, according to a new report today. Discovered by cybersecurity researchers at Lookout Inc. and dubbed “Monokle,” the spyware is said to have been developed by Russia-based company Special Technology Centre Ltd., which was sanctioned by the U.S. ...

Developing self-driving car technology is hard. From Tesla Inc. vehicles killing some drivers to Uber Technologies Inc. cars running over pedestrians, many a company has struggled, and today GM Cruise joined the pack. The General Motors Co.-owned self-driving car firm announced Wednesday it’s delaying plans to roll out a commercial self-driving taxi service until at least ...

Lancaster University is the latest educational institution to be hacked, with data related to as many as 12,500 students stolen in the process. The hack, described as a “sophisticated and malicious” by the BBC involved a phishing campaign that saw bogus invoices sent to undergraduate applicants. While claiming that only a small number of records ...

With Apple Inc. expected to release its latest iPhones in September, the rumor mill is ramping up with a report that the company is planning to release three new phones each sporting a trio of rear cameras. The latest “leak” comes via 9to5Mac, which reported that the new models will be powered by Apple’s A13 chip ...

Huawei Technologies Co. Ltd. is laying off more than 600 employees from its Futurewei Technologies research and development arm in the U.S., citing its blacklisting by the Trump administration. First reported July 14, the cuts see Huawei lay off 70% of its 850 U.S.-based R&D staff. Where the staff were laid off was not immediately clear. Huawei has R&D offices ...

Cryptocurrency startup Bakkt LLC, founded by New York Stock Exchange owner Intercontinental Exchange Inc., has started testing bitcoin futures in a move that may bring more institutional investment into the cryptocurrency market. The new offering announced Monday comes with two contract options: a daily futures contract, which allows customers to transact in a same-day market, and a monthly bitcoin ...

Despite rumors that it may be planning an initial public offering, free stock-trading app maker Robinhood Market Inc. has instead raised $323 million in new funding to continue its “mission of democratizing finance for all.” Announced today, the Series E round was led by DST Global and included Ribbit Capital, NEA, Sequoia and Thrive Capital. The round ...

As President Trump met with leading tech executives today to discuss the ongoing situation with Huawei Technologies Co. Ltd., Congress doubled down on efforts to ban the company following reports that it did business with North Korea. The meeting, first reported to involve only White House officials and tech company representatives, turned out to be a top-tier ...

Credit reporting agency Equifax Inc. has agreed to pay up to $700 million in compensation in a settlement with the U.S. Federal Trade Commission over its infamous 2017 hack. The settlement, which covers all lawsuits by federal and state regulators as well as a class-action case against the company, will result in Equifax paying out at least ...