Duncan Riley
Latest from Duncan Riley
The APT10 group, a hacking group alleged to work on behalf of the Chinese Ministry of State Security’s Tianjin State Security Bureau, is believed to be behind the hacking of some of the world’s biggest computer services firms, according to an exclusive report …
In a disturbing trend, another Florida city votes for ransomware payment
“Florida man” has become such a popular meme that it has a Wikipedia page, but it may have a new contender in the form of “Florida city” after yet another one has decided to pay hackers following a ransomware attack. Following in …
Israeli software security startup Vulcan Cyber raises $10M
Israeli software security startup Vulcan Cyber Ltd. said today it has raised $10 million in new funding to expand commercial operations in North America and grow development and support capabilities. The Series A round was led by Ten Eleven Ventures and included YL Ventures, …
Cryptocurrency exchange Kraken raises $13.5M in BnkToTheFuture campaign
San Francisco-based cryptocurrency exchange Kraken said today it has raised $13.5 million in new funding via crypto investment service BnkToTheFuture. Kraken, formally known as Payward Inc., plans to use the money to make new acquisitions and expand existing business operations. The fundraising was supported by 2,263 individual …
Data stolen from global telcos in suspected Chinese hacking campaign
Hackers believed to be linked to the Chinese government have broken into the systems of more than a dozen global telecommunications carrierss and stolen huge amounts of data over a period going back at least seven years, according to a new report today …
Self-driving car consolidation: Apple buys Drive.ai, Uber snaps up Mighty AI
Consolidation in autonomous vehicle technology is accelerating. Apple Inc. today acquired self-driving technology startup Drive.ai, while Uber Technologies Inc. said it has acquired Mighty AI Inc., a provider of training data that assists computer vision technology in autonomous vehicles. The news that …
Auditor finds QuadrigaCX cryptocurrency exchange CEO stole $190M
The tale of failed Canadian cryptocurrency exchange QuadrigaCX is coming to a close as the company’s bankruptcy trustee found today that its allegedly late founder stole the missing $190 million. At its peak, QuadrigaCX was Canada’s largest cryptocurrency exchange before it shut down …
Fintech startup Blend raises $130M on possible unicorn valuation
Blend Labs Inc., a San Francisco-based financial technology lending platform provider, today said it has raised $130 million in a new late-stage round of funding to hire more people, invest in new technologies and broaden its suite of consumer lending products. The …
Smells like 2017: Bitcoin surges past $11,000 as the bull run charges on
Bitcoin surged through $11,000 over the weekend as some are starting to suggest that the cryptocurrency could be repeating its record run of 2017. The price of bitcoin peaked at $11,191.31 at 4:30 p.m. EDT Sunday before dropping again to $10,691.44 as of …
2.9M customer records stolen by employee of Canadian credit union
Personal details relating to about 2.9 million members of Canada’s Desjardins Group, North America’s biggest federal credit union, have been exposed after they were stolen by an employee. The data theft included names, dates of birth, social insurance numbers, addresses, phone numbers, email …