Duncan Riley
Latest from Duncan Riley
Study finds GDPR-compliant companies have fewer data breaches
Despite seemingly constant reports of data breaches, a new study has found the introduction of the European Union’s General Data Protection Regulation has resulted in a reduction in data being both exposed and stolen from companies that are GDPR-compliant. The claim comes from Cisco Systems Inc.’s new Data Privacy Benchmark Study based on data from 3,200 security ...
Rising number of multivector hacking attacks target Hadoop databases
A new report is warning of an increase in the number of multivector attacks against cloud infrastructure over the past few months particularly targeting Hadoop databases. Detailed by researchers at security firm Securonix Inc., the attacks often combine cryptomining, ransomware and botnet malware all in one and primarily exploit unpatched vulnerabilities on cloud infrastructure. The ...
Bike-sharing startup Wheels raises $37M in new funding
As the bike-sharing market has become part of a broader proxy war for ride-hailing startups, some believe there is still room for new players in the market. Case in point: Wheels Labs Inc. just raised $37 million. The Series A round included Tenaya Capital, Bullpen Capital, Crosscut Capital, 3L Capital, Naval Ravikant and a number of wealthy ...
Robinhood obtains BitLicense to bring cryptocurrency services to New York
Zero-fee online stockbroker Robinhood Financial LLC is bringing its cryptocurrency business to New York after being awarded a New York BitLicense. Robinhood entered the cryptocurrency market in February 2018 with a product that offers zero-fee trading in bitcoin and Ethereum. But states where the service has been offered until now have been limited. A BitLicense ...
Cboe withdraws bitcoin ETF application ahead of a likely SEC rejection
Cboe Global Markets has withdrawn its longstanding application for a rule change that would have allowed it to list a bitcoin exchange-traded fund. An ETF is a tradable security that tracks an index, a commodity, bonds or a basket of assets such as an index fund. In the case of a bitcoin ETF, the security ...
24M financial records found online in latest Elasticsearch database exposure
Some 24 million financial and banking documents have been exposed online by a financial company in yet another case of a misconfigured database. The leak involves Ascension, a data and analytics company for the financial industry based in Fort Worth, Texas, according to TechCrunch. Discovered by security researcher Bob Diachenko and published today, the misconfigured Elasticsearch database at ...
Cryptocurrency custodian startup Anchorage launches with $17M in funding
Anchorage Hold LLC, a new “crypto native” custodian, today emerged from stealth mode with $17 million in funding to expand operations and develop its platform. The Series A round was led by Andreessen Horowitz’s a16z and included Khosla Ventures and a number of individual investors. Based in San Francisco, Anchorage claims to be the first crypto-native ...
Chinese phone maker Xiaomi teases new double-folding phone in video
Speculation that various phone makers such as Apple Inc. and Samsung Electronics Co. Ltd. will introduce so-called “folding phones” has been rampant for years, but one Chinese company may be set to beat both to market with a superior product. Xiaomi Corp., often referred to as China’s Apple, has revealed a prototype smartphone that can be ...
Security report warns of rising cyberattacks fueled by geopolitical tension
A new report released today by cybersecurity firm Carbon Black Inc. predicts a change in the security landscape in 2019 based on the rise of cyberattacks fueled by geopolitical tension. The 2019 Global Threat Report analyzes data gathered from Carbon Black customer endpoints through 2018 to extrapolate where cyberthreats are heading. Across the company’s customers, approximately 1 ...
Security researchers detail serious ‘Anatova’ ransomware
Security researchers at McAfee LLC today detailed the discovery of a new ransomware family that is targeting consumers across the globe. Dubbed “Anatova” based on the name of the ransom note, the ransomware was discovered in a private peer-to-peer network and targets consumers. In a report, the researchers said those behind the ransomware family aren’t your ...









