Duncan Riley
Latest from Duncan Riley
Cisco bungles security updates for routers used by ISPs and enterprises
In a strange turn of events for an otherwise standup company, Cisco Systems Inc. has bungled security updates for a number of its routers. Security flaws that affect Cisco RV320 and RV325 WAN VPN routers used by internet security providers and enterprises users were allegedly addressed in a previous update but failed to work. The vulnerabilities ...
Gustuff Android malware targets 125+ banking and cryptocurrency apps
A newly discovered form of Android malware has stolen cryptocurrency and banking data from more than 125 different apps. Discovered by security researchers at Group-IB, the “Gustuff” Trojan virus is said to be gaining popularity in the cybercriminal underworld given that it’s tailored specifically for stealing banking and crypto assets. Gustuff is believed to be about a year ...
Former NSA contractor pleads guilty to data theft, faces up to 9 years in jail
A former U.S. National Security Agency contractor has pleaded guilty to one charge of stealing a classified document as part of a plea deal first pitched in January. Harold T. Martin III was arrested in August 2016 and was found in possession of 50 terabytes of government data, including documents marked “Secret” and “Top Secret.” Under ...
Carta, a startup that helps other startups, reportedly raising $300M on $1.8B valuation
Carta Inc., a Palo Alto, California-based startup that helps companies, investors and employees manage their equity in other startups, is raising a new round of $300 million on a $1.8 billion valuation, according to an unconfirmed report published Thursday. The report comes from The Information, quoting sources saying that the Series E round will be led ...
Peter Thiel-backed cryptocurrency brokerage startup Tagomi obtains NY BitLicense
Cryptocurrency brokerage startup Tagomi Trading LLC has obtained a New York Department of Financial Services BitLicense, the 18th company to do so. A division of Tagomi Systems Inc., a startup backed by Peter Thiel and founded in 2017, the startup combines institutional-grade services with superior execution technology for digital assets and cryptocurrencies. Pitched as empowering institutional ...
61 arrested, cryptocurrency seized in FBI-led raids again darknet vendors
Sixty-one people have been arrested and $4.5 million in cryptocurrency seized in a joint operation led by the Federal Bureau of Investigation that targeted drug dealing on the Darknet. Operation SaboTor, a play of the words sabotage and Tor, the software used to access the darknet, was undertaken by the Joint Criminal Opioid and Darknet Enforcement team ...
500M+ Android users exposed to vulnerability in Alibaba’s UC Browser
UC Browser, a web browser offered on the Google Play Store with more than 500 million downloads, has been found to contain a vulnerability that could allow hackers to insert malicious files on a user’s device. Discovered by researchers at antivirus firm Doctor Web Ltd. and revealed Tuesday, the vulnerability relates to how the browser ...
BitTorrent announces new Facebook Live-style social video service
BitTorrent Inc. is taking a stab at livestreaming with the new BitTorrent Live, a mobile-focused social network that allows users to share live video and earn money for their efforts. Not to be confused with the former incarnation of BitTorrent Live, a TVlike service that was shut down in 2017, the new product is closer ...
Cryptocurrency exchange DragonEx hacked with customer funds stolen
Singapore-based cryptocurrency exchange DragonEx Inc. has been hacked and customer balances stolen in yet another cryptoheist. The first sign that something was not right at the exchange came Sunday, when a notice on the DragonEx website said that the company was “working on system maintenance due to data exception during which all trading and deposit and withdrawal ...
Bitmain lets IPO application lapse as cryptocurrency markets continue to struggle
Chinese cryptocurrency hardware maker and miner Bitmain Technologies Inc. has let its application to go public on The Stock Exchange of Hong Kong lapse, yet another sign that things are not going well in cryptocurrency markets. Bitmain filed its application in September, reporting $2.51 billion in revenue in 2017, up from the $278 million a year ...









