Duncan Riley
Latest from Duncan Riley
A ransomware attack that crippled the City of Atlanta in March was far worse than initially thought and could end up costing the city an additional $9.5 million, despite a ransom demand of only $51,000 to provide all the keys for affected systems …
Congress moves to block Trump administration deal with ZTE
Congress, led by bipartisan legislation being pushed in the Senate, is attempting to block a deal between the Trump administration and Chinese electronics maker ZTE Corp. that was only agreed to early Thursday morning. The long-rumored deal, pushed as a way to …
Cybersecurity firms Zscaler and Carbon Black beat forecasts in first post-IPO results
Both Zscaler Inc. and Carbon Black Inc. have delivered their first post-initial public offering quarterly financial reports, but though both companies’ results beat market estimates, it was Zscaler’s stunning numbers that gained most of the attention. For the quarter ending April 30, Zscaler …
EON Foundation raises $5M to build out its decentralized blockchain gaming platform
Blockchain gaming startup EON Foundation has raised $5 million in seed funding from Cherubic Ventures, Wei Guo and Feng Li to build out its decentralized gaming platform. With offices in Palo Alto, California, and Singapore, the EON Foundation is developing the EON …
Cryptocurrency startup Circle is seeking a banking license
Cryptocurrency and blockchain platform provider Circle Internet Financial Inc. is seeking to go where no crypto startup has gone before: attempting to become a legally registered bank. In a bizarre turn of events, Bloomberg reported Wednesday that Circle is seeking a federal banking …
Coinbase exchange snaps up three firms in push to offer more financial services
Coinbase Inc., the largest U.S. cryptocurrency exchange, has acquired three different companies in a push to offer customers additional financial services. Leading the acquisition list was Keystone Capital Inc., a California-based Financial Industry Regulatory Authority Inc. registered broker. According to The Wall …
VPNFilter malware doubles down in what could be this year’s largest attack
VPNFilter, a destructive form of malware that targets routers first discovered in May is far worse than initially thought, shaping up to be potentially this year’s largest coordinated attack, according to a new report. The persistent malware, persistent in that it’s difficult …
Huobi offers $100M in prizes for its new decentralized Chain Project
Cryptocurrency exchange Huobi Technology Co. Ltd. today announced the launch of the Huobi Chain Project and the Huobi Chain Superhero Championship Program, the latter to assist the former in development. The Huobi Chain Project is being designed as a new network that’s intended …
‘Zip Slip’ vulnerability affects projects across multiple coding languages and companies
Researchers at cybersecurity firm Synk Ltd. have uncovered a new vulnerability that affects thousands of projects, including ones designed across multiple programming languages used by some of the largest companies in the business. Dubbed “Zip Slip,” the issue is an arbitrary file overwrite vulnerability …
92M records stolen in data breach of DNA testing company MyHeritage
Genealogy and DNA testing company MyHeritage Ltd. revealed Monday that it had experienced a data breach involving the theft of usernames and hashed passwords of more than 90 million customers. The breach relates to 92 million users who had signed up to MyHeritage …