Duncan Riley
Latest from Duncan Riley
Two-year-old startup Digital Asset Holdings LLC Monday said it has raised $40 million toward building blockchain platforms for financial institutions. The company aims to improve efficiency, security, compliance and settlement speed within financial systems. Its tailored business logic applications use privately permissioned networks that employ a cryptographically secure …
The KRACK Wi-Fi security vulnerability: Here’s what you need to know
As news of the severe KRACK vulnerability in the technology underpinning the security of Wi-Fi networks continues to make global headlines, more about its implications and what can be done to protect against it are coming to light. First, it’s important to know that this …
JP Morgan Chase announces new blockchain-based platform for cross-border transactions
JP Morgan Chase & Co. today followed in the footsteps of IBM Corp. in announcing a new Ethereum blockchain-based payments platform designed to facilitate cross-border financial transactions by banks. Called the Interbank Information Network, the network aims to “enhance the client experience” by …
Credit card details stolen after Pizza Hut undercooks its website security
Pizza Hut, the pizza restaurant division of Yum! Brands Inc., is the latest in a growing list of fast-food chains to be hacked, as the company admitted that credit card data was stolen from customers two weeks ago. The hack, which was …
Serious encryption flaw in Infineon chips exposes billions of devices to attack
A newly discovered vulnerability in the code used by chips made by Infineon Technologies AG, used by a wide range of devices, opens the door to hackers, according to newly published research. Discovered by researchers at Masaryk University in the Czech Republic last week, the …
New IBM blockchain payments platform supports cross-border financial transactions
IBM Corp. has entered a new partnership that will see Big Blue offer a cross-border blockchain payments solution aimed at business and consumers. The new payments network, which will be formally announced at the Sibos conference in Toronto on Monday, involves the use of the …
OnePlus responds to privacy concerns with change in how it collects data
Semipopular Chinese smartphone maker OnePlus has partially caved in to consumer pressure about its data gathering practice, which includes spying on user activities, by offering a more transparent opt-out process and dropping the collection of personally identifiable data. The drama surrounding OnePlus came …
Cryptomining hijacking goes mainstream, affecting up to 500M users
More and more sites are secretly hijacking the computer processing power of visitors to mine for cryotocurrency as a report over the weekend identified Politifact among the latest sites to be targeted. Overall, according to one ad blocking company, the process is …
To the moon: In a record-breaking run, Bitcoin surges toward $6,000
The price of bitcoin went through the roof Thursday, surging past $5,000 for the first time and, sitting at just below $5,800 by late evening, heading toward a cool $6,000. Bitcoin’s price surge has been attributed to a number of possibilities, the …
Credit card details stolen in a second hack of Hyatt hotels
Hyatt Hotels Corp. has proven that the adage “once bitten, twice shy” is inaccurate after revealing that its payment system was hacked and customer data such as credit card details were stolen. It was the latest significant hack to target the hotel chain …