Duncan Riley
Latest from Duncan Riley
The Lazarus Group, the hacking group linked to North Korea believed to have been involved in the spread of the WannaCry ransomware attack last year, is back with a new campaign targeting financial institutions and bitcoin users. The new campaign, dubbed HaoBao Monday by security researchers …
Facebook pushing trojan horse VPN that spies on users
Facebook Inc. has started pushing a virtual private network app to some users, but it might be best to Mark Zuckerberg bearing gifts. The Onavo VPN app, acquired by Facebook in 2013, is being offered as an option to iOS users under …
Update now: Microsoft flags serious Outlook flaws in ‘Patch Tuesday’ release
Microsoft Corp. has issued 50 security fixes covering vulnerabilities in Windows, Internet Explorer, Flash for IE, Edge, Office, SharePoint and ChakraCore as part of its monthly “Patch Tuesday” release today, with two critical Outlook flaws leading the pack. The Outlook vulnerabilities (CVE-2018-0852) …
Cloud communications startup UJET raises $25M round led by Google’s VC arm
Cloud communications platform startup UJET Inc. has raised $25 million in funding in a Series B round that was led by Google LLC’s GV along with Citi Ventures, Kleiner Perkins and DCM Ventures. Founded in 2015, UJET offers a cloud-based mobile-ready platform that …
Bitcoin’s price slowly climbs, but experts argue over where it will go next
The price of bitcoin has continued to rise as part of a slow bull run that started a week ago. But it’s anybody’s guess where it will go next, as so-called financial experts are predicting everything from another massive crash to huge …
Microsoft plans to build blockchain-based distributed identity management platform
Microsoft Corp. today revealed plans to use blockchain technology to solve online management issues with personal data and identity management. The building of the platform is being done as part of Microsoft’s commitment to the ID2020 alliance, a global public-private partnership dedicated …
LoopX steals $4.5M in latest initial coin offering exit scam
Another company promising investors riches in an initial coin offering has shut down in an apparent “exit scam” after raising $4.5 million from victims through a combination of bitcoin and Ethereum. The “company,” called LoopX, was offering LPX tokens that would be used …
Amazon reportedly doubles down on silicon, developing an AI chip and buying another chipmaker
Amazon.com Inc. may be doubling down on its efforts to develop chip technology in-house . Two separate reports claim it has started to develop its own artificial intelligence chip and also last year acquired a security camera company that has designed a low-energy chip …
Possible state-sponsored attackers vie for hacking gold medal at Winter Olympics
Updated with confirmation of attacks: In what could be the first of many attacks in the quest for Olympic hacking gold, potential state-sponsored hackers have targeted the Winter Olympic Games being held in PyeongChang, South Korea, taking down the main ticketing site for the games. …
$170M in obscure cryptocurrency disappears in questionable circumstances
An Italian cryptocurrency exchange that claimed to have been hacked may have actually been a con called an exit scam, according to the latest reports. The drama started Friday when Bitgrail S.r.l. claimed that they had “lost” 17 million Nano, a fairly obscure cryptocurrency previously …