Duncan Riley
Latest from Duncan Riley
As China-US trade tensions intensify, bitcoin keeps rising
Bitcoin’s return to form continued on Monday thanks to trade tensions between China and the U.S. along with the possibility of the Middle Kingdom easing its stance against cryptocurrencies. After breaking through $11,000 on Sunday, bitcoin teased $12,000 before dropping to about $11,630 at midnight EDT, up 1% over the last 24 hours. China was ...
Monzo asks customers to change PINs after exposure to unauthorized staff
U.K. digital bank Monzo Bank Ltd. is asking some 480,000 customers to change their personal identification numbers after it left them exposed to unauthorized staff for six months. The potential breach was caused by what the bank described as a bug that exposed the PINs in log files that could be seen by engineers working for the ...
IBM report finds destructive malware attacks have doubled since January
A new report released today by IBM Corp.’s X-Force Incident Response and Intelligence Services team says destructive malware attacks have shot up threefold over the last six months as cybercriminals and nation-state actors escalate their attacks. Ransomware bundled with so-called wiper elements — that is, the ability to delete data to increase the pressure on victims ...
23M CafePress customer records hacked and shared online
The details of 23 million users of online merchandise provider CafePress Inc. have been stolen and shared online in a hack that neither CafePress nor its owner Snapfish Inc. have publicly disclosed as of Monday. The hack is believed to have occurred in February and only came to light after a database of the customer ...
Bitcoin breaks through $11,000 after a poor showing in July
The price of bitcoin broke through $11,000 on Sunday as the cryptocurrency recovered after a poor showing in July. The slow return to form for the world’s most popular cryptocurrency has been weeks in the making with some hiccups along the way. After heading above $10,000 in the middle of the month, bitcoin plunged below ...
New LookBack phishing campaign targets utility companies with malicious attachments
A recently detected phishing campaign targeting U.S. utility companies is believed to have its origins with a state-sponsored hacking group from China according to security researchers. First detailed Thursday by researchers at Proofpoint Inc., the LookBack campaign targets utility company employees with emails purporting to be from the National Council of Examiners for Engineering and Surveying, ...
6.8M records stolen in hack of sneaker trading site StockX
Venture capital-backed sneaker trading site StockX Inc. is the latest to be hacked, with the records of 6.8 million customers stolen. The hack was originally covered up with StockX pushing out a password reset to customers as part of a “system update” on Thursday. But the company confessed on Sunday that it had what it describes as ...
Pentagon orders review of JEDI cloud deal expected to go to AWS
The U.S. Department of Defense announced today that it’s reviewing its process for the awarding of the $10 billion Joint Enterprise Defense Infrastructure cloud computing contract after President Donald Trump raised concerns about the exclusion of some companies from the bidding process. Years in the making, the $10 billion contract, which includes unified cloud infrastructure, intelligence ...
School and university data breached in hack of education company Pearson
Education company Pearson Plc has been hacked, with data stolen from about 13,000 school and university accounts primarily in the U.S. The hack, which was buried in a media release titled as “Pearson customer notification,” involved the theft of data that included first name, last name and in some cases date of birth or email ...
Dynatrace raises $570M, pops 49% on its first day of trading
After raising $570 million in its initial public offering, application monitoring firm Dynatrace LLC saw its shares pop 49% on the New York Stock Exchange today as investors lapped up another offering in what is already a record year for tech IPOs. Offering 35.6 million shares at $16 per share, a figure already up on an initial ...









