Duncan Riley
Latest from Duncan Riley
Scammers in Nigeria are believed to be behind a significant increase in business email compromise attacks, according to a report today from IBM’s X-Force Incident Response and Intelligence Services team. The BEC campaigns are said to be targeting accounts payable personnel at Fortune 500 organizations. They’re …
Trillions of botnet requests drive massive rise in malicious login attempts
Trillions of botnet requests have driven a massive increase in credential abuse, with more than 40 percent of login attempts found to be malicious, according to a newly published report. The number comes from Akamai Technologies Inc.’s Fourth Quarter 2017 State of the Internet/Security Report, …
Japanese cryptocurrency exchanges to form new body after Coincheck hack
Sixteen cryptocurrency exchanges in Japan are joining forces to create a self-regulating body that will oversee crypto markets within the country in response to the hack of the Coincheck exchange in January, Reuters reported today. The as yet to be named body could be formed …
Venezuela attempts to raise $4.9B through presale of its ‘Petro’ cryptocurrency
Venezuela is set to become the first country to launch its own cryptocurrency, as the failing socialist state today launched a presale as part of an initial coin offering. Announced by President Nicolas Maduro in December, the “Petro” will allegedly be backed by Venezuela’s oil …
Confidential data stolen from Tesla after staff failed to secure cloud server
Updated: Elon Musk may be able to send a Tesla Inc. vehicle into space, but apparently his staff can’t secure data online so easily. A shocking report released this morning details the theft of data from the electric car company, blaming it …
Bull run continues as a single investor snaps up $344M in bitcoin
Bitcoin’s bull run continued today as its price traded above $11,000 for the first time since Jan. 28. One reason: An anonymous investor is reported to have purchased approximately 41,000 bitcoin valued at $344 million. That’s seen by many as a sign that serious money is …
Google publishes Edge security flaw details after Microsoft misses deadline
Google LLC has gone public with the details of a critical security flaw in Microsoft Corp.’s Edge web browser after Microsoft failed to patch the vulnerability despite being given a 90 day deadline to do so. The vulnerability relates to an issue with Arbitrary …
Global attention on cryptocurrencies intensifies as Congress considers new rules
Global attention on the legal status of cryptocurrencies is heating up, suggesting that governments are getting serious about regulating the fast-growing digital assets. Both the United States and Israel are joining a number of nations around the world that are considering new laws …
ICOs gone wild? Messaging app Telegram raises $850M in pre-coin offering
Encrypted-messaging startup Telegram Messenger LLC has raised a breathtaking $850 million in a pre-initial coin offering this weekend, but not everyone is impressed with the news. The ICO, first reported in January, is intended to allow Telegram to develop a messaging and commerce …
FCC action may see popular bitcoin mining hardware model banned
Bitcoin miners using one of the most popular brands of mining hardware could potentially find that hardware banned after the U.S. Federal Communications Commission shut down a New York City mining operation because it interfered with mobile data networks. The shutdown, detailed in a letter Thursday, …