Duncan Riley
Latest from Duncan Riley
The hacking and theft of personal data from at least 10 U.S. cities, using a software package called Click2Gov from Superion LLC, has been attributed to an unlikely source — raising questions about the need for software companies to disclose vulnerabilities in …
Amazon Fire TV Cube brings Alexa to television sets
Amazon.com Inc. has finally combined the Alexa service found in its range of Echo devices into its television streaming devices in the form of the newly launched Amazon Fire TV Cube. The device delivers the same streaming services as existing Fire TV …
PayPal snaps up fraud prevention startup Simility for $120M in latest acquisition
PayPal Holdings Inc. has kept its wallet wide open this week, announcing yet another acquisition: cloud-based fraud prevention startup Simility, Inc. for $120 million in cash, subject to certain adjustments. Founded in 2014, Simility offers a cloud-based fraud prevention software solution that combines machine learning …
Report: Apple’s AirPower charging mat coming in September after long delays
Apple Inc.’s long-awaited AirPower wireless charger may be finally coming to market in September following surprising revelations about the reasons for the unprecedented delay. According to Bloomberg, the AirPower, announced alongside the iPhone X in 2017, has been delayed because of multiple …
Bitcoin price recovers after Bithumb cryptocurrency exchange hacked
The price of bitcoin recovered Wednesday after leading South Korean cryptocurrency exchange Bithumb revealed it had been hacked again following a previous hack in July 2017. The new hack is reported by South Korean media to involve the theft of $32 million …
Consortium backed by Samsung and Apple releases digital car key standard
The Car Connectivity Consortium, a previously little-known group that has among its members Apple Inc., Samsung Electronics Co. Ltd. and a number of car manufacturers today announced a new standard for communication between smartphones and cars. Called the Digital Key Release 1.0 …
Tesla sues employee over alleged data theft and hacking
Tesla Inc. today filed a lawsuit against a former employee that alleges he hacked its systems and shared confidential information with others. The lawsuit comes on the heels of Tesla Chief Executive Office Elon Musk alleging that an employee had sabotaged the company doing among …
Financial institutions targeted by cyberattacks using ‘hidden tunnels’ in networks
Cybersecurity company Vectra Networks Inc. today released a new report that suggests that financial institutions are being targeted by sophisticated cyberattackers using what the firm describes as “hidden tunnels” into networks to steal data. Hidden tunnels are pathways used by hackers to gain access to …
Experts: Tesla employee sabotage serves an important cybersecurity lesson
Accusations made yesterday by Tesla Inc. Chief Executive Officer Elon Musk that the company had been targeted by an employee who, among other things, sabotaged internal systems reveal important lessons in cybersecurity, according to a number of security experts. “What do the numbers …
PayPal acquires funds disbursement company Hyperwallet for $400M
PayPal Holdings Inc. is continuing on its acquisition spree, buying San Francisco-based funds disbursement company Hyperwallet Systems Inc. today for about $400 million in cash. Founded in 2000, Hyperwallet offers a financial technology payments platform that allows companies to disburse payments such as …