Duncan Riley
Latest from Duncan Riley
Chinese hacking group credited with attacks on MSP, retailer and law firm
Six weeks after the U.S. Department of Justice indicted two Chinese nationals over their role in the hacking group APT10, security researchers have detailed a campaign from the group that targeted systems in the U.S. and Norway. Detailed today in a report written by researchers at Recorded Future Inc. and Rapid7 Inc., the APT10 “sustained campaign” ran between ...
Researcher details macOS vulnerability but refuses to share information with Apple
An 18-year-old German security researcher has published details of a serious vulnerability in macOS but refused to share the details with Apple as a protest against the company’s not having a bug bounty program. The researcher, Linus Henze, demonstrated the “KeySteal” vulnerability on video, claiming that it was a macOS Mojave exploit that allowed access ...
After beating earnings forecast, Fortinet cuts guidance but stock rises anyway
Cybersecurity firm Fortinet Inc. beat market expectations with its fourth-quarter earnings today but lowered estimates for the first quarter. Investors didn’t seem to mind. For the fourth quarter ending Dec. 31, Fortinet reported net income of $182.8 million, or $1.04 a share, compared with a loss of $29 million, or 17 cents a share, in the same quarter in ...
Self-driving truck startup Ike Robotics raises $52M
Ike Robotics Inc., a self-driving truck startup founded by former Apple Inc., Google LLC and Uber Technologies Inc. engineers, today said it has raised $52 million in venture capital funding. The round was led by Bain Capital Ventures and included Redpoint Ventures, Fontinalis Partners, Basis Set Ventures and Neo. Named after former U.S. President Dwight D. Eisenhower, ...
Report: Reddit raising $150M to $300M on $2.7B valuation
Reddit Inc. is reportedly raising between $150 million and $300 million in new venture capital funding on a valuation of $2.7 billion. According to an unconfirmed report published Tuesday by TechCrunch, the round will be led by Chinese internet giant Tencent Holdings Ltd., somewhat ironic given that Reddit was banned in China in August. Other investors in the round ...
Zcash cryptocurrency developers detail vulnerability that could have allowed counterfeiting
The developers behind the privacy-focused Zcash cryptocurrency have disclosed a now-fixed flaw that could have allowed hackers to create an infinite number of counterfeit tokens. Detailed by developers Josh Swihart, Benjamin Winston and Sean Bowe in a blog post today, the flaw could have brought down what is currently the world’s 21st most popular cryptocurrency, one ...
Restaurant chain Huddle House hacked in point-of-sale attack
Huddle House Inc., a restaurant chain with more than 300 locations across the U.S. Southeast, has advised that customer data has been stolen in a point-of-sale attack. The hack, first detected by a credit card provider Jan. 3 but believed to date back to August 2017, involved malware installed in POS terminals. “Criminals compromised a ...
Kraken buys cryptocurrency firm Crypto Facilities for a 9-figure sum
Cryptocurrency exchange Kraken today said it has acquired U.K. cryptocurrency exchange and indices firm Crypto Facilities Ltd. in a deal described as worth a nine-figure sum. The exact price was not disclosed, but most reports peg the figure at about $100 million, the same figure Kraken, formally known as Payward Inc., is reported to be in the process of raising ...
Facebook scoops up blockchain startup Chainspace talent in apparent acquihire
Facebook Inc. has purchased a blockchain startup called Chainspace in an apparent acquihire, according to reports. Cheddar first reported the purchase of the company, formally named Daffodil Ltd., saying the deal will see four of the five researchers behind Chainspace’s academic white paper join Facebook’s blockchain group. A statement on the Chainspace website seemingly confirmed the news, saying that “we’re ...
Google launches new AI-powered apps to assist those with hearing impediments
Google LLC today released two new apps that tap into artificial intelligence and machine learning to assist those with hearing impediments. The first app, Live Transcribe, transcribes speech to text live via the app installed on an Android phone. Tapping into Google’s existing automatic speech recognition technology, which enables computers to detect audible languages and transcribe ...









