Duncan Riley

Duncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things. Duncan is a co-founder of VC funded media company B5Media and founder of news site The Inquisitr, and was a senior writer at TechCrunch in its earlier days. Tips? Press releases? Intersting startup? email: duncan@nichenet.com.au or contact Duncan on Twitter @duncanriley

Latest from Duncan Riley

Bitcoin price drops after New York launches investigation into cryptoexchanges

The price of bitcoin dropped Tuesday after news broke that the New York Attorney General has launched an investigation into 13 cryptocurrency exchanges, although exactly what the office is investigating isn’t entirely clear. The price drop, surprising to some given that the market believed that bitcoin could rally after the U.S. Internal Revenue Service filing date Tuesday, ...

Good news, everyone! IRS extends tax filing deadline after system crash

The U.S. Internal Revenue Service has graciously extended the ability for people to file their annual tax returns to April 18 after its systems managed to go offline a lot of April 17, the day by which taxpayers were required to file their paperwork. The system crash, described by Treasury Secretary Steven Mnuchin as a “high-volume ...

Report finds many IT managers are clueless when it comes to network traffic

A new report from security firm Sophos Group plc has found that information technology managers cannot identify nearly half of the traffic on their networks, representing a major risk to organizations and enterprises of all shapes and sizes. The “Dirty Secrets of Network Firewalls” report, based on a survey of 2,700 IT decision makers in 10 ...

Ransomware declines as cryptomining hacks surge in the first quarter

Ransomware is becoming passé among hackers as cryptomining hacks surged to become the most popular form of malware detected in the first quarter, according to a new report out today from the Comodo Cybersecurity Threat Research Labs. The “Global Malware Report Q1 2018” report delved into 300 million malware incidents tracked by the security firm. It detected 28.9 ...

YouTube ICO guru hacked while livestreaming cryptocurrency investment advice

A YouTube guru who pitches initial coin offerings to a surprisingly willing audience has been hacked while livestreaming, the latest in a growing list of cryptocurrency-related heists. Ian Balina, referred to favorably by some as a “cryptocurrency investor, adviser and evangelist,” but by others as a “shillmeister” thanks to many of his YouTube videos pitching ...

Ikea-owned handyman service TaskRabbit offline following ‘cybersecurity incident’

Handyman-for-hire marketplace TaskRabbit Inc., acquired by flat-pack furniture retailer IKEA Group in September, is offline. The company told customers that it’s investigating a “cybersecurity incident.” Exactly what has occurred is not clear at this stage, but TaskRabbit took down both its website and its mobile app as a precaution, saying on Twitter that it’s working with ...

Coinbase acquires paid inbox startup Earn.com for $100M+

Coinbase Inc. today said it has acquired Earn.com Inc., a Silicon Valley startup that offers bitcoin payments to users who respond to emails and undertake small tasks. Although the figure on the deal was not officially disclosed, Recode pegs it at “slightly more than $100 million” while Axios prices it as “north of the $120 million ...

Thailand telco exposes tourist passport scans in latest AWS misconfiguration case

TrueMove H, the mobile phone arm of Thailand’s largest pay-TV operator True Corp., has exposed data, including that of tourists, in the latest Amazon Web Services S3 misconfiguration story. Fortunately, the breach wasn’t in great numbers. The data exposure, discovered by cybersecurity researcher Niall Merrigan, involved 32 gigabytes of data and about 46,000 customer records. But unique ...

Old Microsoft IIS vulnerability targeted in new cryptomining attack

An old vulnerability in Microsoft Corp.’s Internet Information Services 6.0 platform is once again being targeted in a cryptomining attack, but this time around, the cryptocurrency being mined is different. The vulnerability, CVE-2017-7269, revealed in March 2017, is a Buffer Overflow vulnerability that is believed to affect as many as 8 million sites still running IIS 6.0, web server ...

Uber agrees to expand settlement with FTC in relation to its 2016 hack

Uber Technologies Inc. has agreed to expand its proposed settlement with the U.S. Federal Trade Commission over its infamous 2016 hack, in a sign that the two parties may be close to signing off on a settlement once and for all. Under the new terms, Uber has agreed, among other things, to be subject to ...