Duncan Riley
Latest from Duncan Riley
Google LLC warned today that the passwords of some G Suite business customers had been stored in plain text for as long as 14 years. The passwords were stored unhashed, that is unencrypted, in Google internal systems with no suggestion that they may …
Ooma acquires cloud-based data and voice solutions provider Broadsmart for $7.4M
Telecommunications firm Ooma Inc. today said it has acquired cloud-based data and voice solutions provider Broadsmart Global Inc. for $7.4 million. Founded in 2000 and owned by B. Riley Principal Investments, Broadsmart Global is a cloud-based communications provider that claims to provide high value, high quality …
Marvell acquires custom chipmaker Avera Semiconductor for $650M
Semiconductor firm Marvell Technology Group Ltd. said Monday it has reached a deal to acquire Avera Semiconductor LLC, the custom-chip business of GlobalFoundries Inc. The acquisition price came in at $650 million up front in cash with a potential earn-out of up to $90 …
Homeland Security issues warning against Chinese drones
The U.S. Department of Homeland Security has issued a warning about security risks pertaining to Chinese made drones. The notice, titled “Chinese Manufactured Unmanned Aircraft Systems,” warns that there are “strong concerns about any technology product that takes American data into the …
Instagram user information exposed on misconfigured AWS instance
In yet another case of a misconfigured Amazon Web Services Inc. instance, a database with records of more than 49 million Instagram users, including so-called “influencers,” has been found online exposed to all and sundry. The database, discovered by a security researcher …
Wild bitcoin roller coaster ride sees price plunge 21% before recovering
Bitcoin went on a wild roller coaster ride involving billions of dollars in value over the weekend, dropping more than $1,300 at one point until mostly recovering as of Sunday evening. The current ride dates back to bitcoin breaking through $6,000 on May 9, surging again …
Hacking forum for trading stolen credentials hacked by other hackers
OGusers, a popular forum for trading stolen account credentials, has itself been hacked and details of members were published on another hacking forum. The hack started with an administrator telling users May 12 that a hard drive failure had erased a few months …
Salesforce recovers from outage caused by faulty database script
Salesforce.com Inc. has managed to recover from a database error that saw widespread outages for customers from midday Friday through Saturday morning. The outage had its origin in an update just before 1 p.m. EDT Friday when Salesforce engineers deployed a database script that …
JoyToken and RepuX token promoters alleged to have stolen $8M in exit scam
Two separate initial coin offerings are alleged to have undertaken exit scams in yet another round of pain for investors. The two ICOs, RepuX and JoyToken, are said to have stolen $4.7 million and $3.3 million from investors respectively according to a report …
Report: Coinbase in advanced talks to acquire bitcoin custody provider Xapo
Coinbase Inc. is in advanced talks to acquire old-school bitcoin custody provider Xapo Inc., according to an unconfirmed published Thursday. The Block, quoting unnamed sources, claimed that Coinbase has been locked in a “neck-and-neck race” with Fidelity Digital Assets to acquire Zapo over …