Duncan Riley
Latest from Duncan Riley
Cisco Systems Inc. is the latest company targeted in the SolarWinds hack as Microsoft Corp. has discovered a second hacking group that was also targeting SolarWinds’ software. The attack on Cisco, revealed Friday, involved internal machines used by Cisco researchers with the …
Austin, Texas hacked by suspected Russian state-sponsored group
The city of Austin, Texas, is reported to have been hacked and a Russian state-sponsored group is suspected to be behind the intrusion. First reported today by The Intercept, which references documents prepared by the Microsoft Threat Intelligence Center that have not been publicly …
Robinhood agrees to $65M fine to settle allegations it deceived customers
Free stock-trading app maker Robinhood Market Inc. has agreed to pay a fine of $65 million as part of a settlement with the U.S. Securities and Exchange Commission over allegations that it deceived customers about how it makes money and failing to …
Coinbase files draft registration for 2021 initial public offering
Some five months after it was first reported to be exploring the option, cryptocurrency exchange Coinbase Global Inc. today announced that it has confidentially submitted a draft registration Form S-1 with the U.S. Securities and Exchange Commission for an initial public offering. Coinbase …
Latest SolarWinds victims reportedly include nuclear weapons agency and Microsoft
The number of potential victims in the SolarWinds WorldWide LLC hack continues to rise today, as the U.S. Energy Department and National Nuclear Security Administration are believed to have been compromised — along with Microsoft Corp., though the software giant strongly denies …
Enterprise data backup provider Clumio launches new ransomware protection service
Enterprise data backup provider Clumio Inc. today launched a new ransomware protection product designed to protect businesses from the ongoing threat of infection. Called Clumio RansomProtect, the product is described as the industry’s first air-gapped ransomware protection with 30-day retention for VMware Inc., …
New Goontact spyware aims to steal data from iOS and Android users
A newly discovered form of spyware has been found that can steal data from both iOS and Android users. Dubbed “Goontact” by researchers at cybersecurity firm Lookout Inc., the spyware is offered through illicit sites such as those offering escort services then …
Bitcoin breaks through $20,000 to hit new all-time high
The price of bitcoin hit new record highs in trading today, breaking through $20,000 for the first time in its history. The $20,000 mark was surpassed at 8:44 a.m. EST and the price of bitcoin continued to rise. Bitcoin was sitting at …
A tale of two initial public offerings: Upstart booms, Wish bombs
It was tale of two different initial public offering outcomes on public markets today as financial technology startup Upstart Holdings Inc. boomed on its debut while e-commerce firm Wish’s parent company ContextLogic Inc. bombed. Upstart, which offers a lending platform that leverages …
Data protection startup BigID raises $70M on $1B unicorn valuation
Data protection and privacy startup BigID Inc. announced today that it has raised $70 million in new funding to deliver new applications for using data for data privacy, security and governance. The Series D round was led by Salesforce Ventures and Tiger Global …