The APT10 group, a hacking group alleged to work on behalf of the Chinese Ministry of State Security’s Tianjin State Security Bureau, is believed to be behind the hacking of some of the world’s biggest computer services firms, according to an exclusive report from Reuters. APT10, which was in the news only yesterday after it was revealed ...

“Florida man” has become such a popular meme that it has a Wikipedia page, but it may have a new contender in the form of “Florida city” after yet another one has decided to pay hackers following a ransomware attack. Following in the footstep of Riviera Beach June 20, Lake City council voted Monday to ...

Israeli software security startup Vulcan Cyber Ltd. said today it has raised $10 million in new funding to expand commercial operations in North America and grow development and support capabilities. The Series A round was led by Ten Eleven Ventures and included YL Ventures, which led a seed round of funding into the company in May 2018. ...

San Francisco-based cryptocurrency exchange Kraken said today it has raised $13.5 million in new funding via crypto investment service BnkToTheFuture. Kraken, formally known as Payward Inc., plans to use the money to make new acquisitions and expand existing business operations. The fundraising was supported by 2,263 individual investors who invested into Kraken via a “special purpose vehicle.” Under the arrangement, ...

Hackers believed to be linked to the Chinese government have broken into the systems of more than a dozen global telecommunications carrierss and stolen huge amounts of data over a period going back at least seven years, according to a new report today from security researchers at Cybereason. The hacking campaign, dubbed Operation Soft Cell, targeted ...

Consolidation in autonomous vehicle technology is accelerating. Apple Inc. today acquired self-driving technology startup Drive.ai, while Uber Technologies Inc. said it has acquired Mighty AI Inc., a provider of training data that assists computer vision technology in autonomous vehicles. The news that Apple Inc. has acquired Drive.ai came via Axios, which claimed confirmation from Apple directly. The ...

The tale of failed Canadian cryptocurrency exchange QuadrigaCX is coming to a close as the company’s bankruptcy trustee found today that its allegedly late founder stole the missing $190 million. At its peak, QuadrigaCX was Canada’s largest cryptocurrency exchange before it shut down under suspicious circumstances in late January. Cryptocurrency exchanges either going out of business ...

Blend Labs Inc., a San Francisco-based financial technology lending platform provider, today said it has raised $130 million in a new late-stage round of funding to hire more people, invest in new technologies and broaden its suite of consumer lending products. The Series E round was led by Temasek and General Atlantic. Previous investors 8VC, Founders Fund, ...

Bitcoin surged through $11,000 over the weekend as some are starting to suggest that the cryptocurrency could be repeating its record run of 2017. The price of bitcoin peaked at $11,191.31 at 4:30 p.m. EDT Sunday before dropping again to $10,691.44 as of 10:20 p.m., having spent the last 48 hours trading in a price band ...

Personal details relating to about 2.9 million members of Canada’s Desjardins Group, North America’s biggest federal credit union, have been exposed after they were stolen by an employee. The data theft included names, dates of birth, social insurance numbers, addresses, phone numbers, email addresses and details about banking habits. Data relating to 173,000 business members of ...