Duncan Riley
Latest from Duncan Riley
Bitcoin traders are fond of referring to the cryptocurrency as going “to the moon” when its price jumps. Now, a new service from blockchain firm Blockstream Inc. will actually take bitcoin partway to the celestial body, via a satellite. Called Blockstream Satellite, …
Amazon Web Services takes the fight to Microsoft Azure with Macie cloud security service
Amazon Web Services Inc. is taking the good fight on personal information security to competitors with a new security service that provides personal data monitoring to enterprise users in the cloud. Called “Macie” and based on technology Amazon acquired with the purchase of Harvest.ai Inc. in …
Famed security researcher pleads not guilty to involvement with Kronos malware
Marcus Hutchins, the security researcher who was arrested earlier this month on allegations that he was involved in the creation and distribution of Kronos malware, Monday pleaded not guilty at his first formal court hearing. Known online as “MalwareTech,” 23-year-old British national Hutchins, …
Russian hackers use NSA exploits to target high-profile hotel guests
The Russian hacking group believed to be involved in hacking attempts during the 2016 U.S. presidential election is now alleged to be using National Security Agency exploits to target “high-profile” hotel guests in Europe and the Middle East. Security experts say the group, …
Soundcloud saved from bankruptcy by new $169.5M investment
Embattled cloud audio distribution service Soundcloud Ltd. has gotten a reprieve from bankruptcy by managing to raise $169.5 million from Raine Group and Singapore’s sovereign wealth fund Temasek. As part of the Series F round, Chief Executive Officer Alex Ljung is being replaced …
Bitcoin surges through $4,000 as tensions over North Korea rise
The price of bitcoin surged through $4,000 for the first time over the weekend thanks to increased demand stemming from tensions on the Korean peninsula. Bitcoin hit $4,224.80 in trading early Sunday morning as demand surged from Japan, along with South Korea …
SonicSpy spyware discovered in 1,000+ Android apps
A recently discovered spyware family believed to have originated in Iraq is infecting more than 1,000 Android apps, including some available for download from the Google Play store. Dubbed “SonicSpy,” the spyware can record calls and audio, take photos, make calls, send text messages, …
Microsoft and Kaspersky make love, not war by settling antitrust complaint
Russian security firm Kaspersky Lab has dropped its European Union antitrust complaint against Microsoft Corp. as the operating system maker has agreed to play more nicely on the cybersecurity front with future Windows updates. In the complaint, lodged in June, Kaspersky claimed that Microsoft …
Coinbase becomes bitcoin’s first unicorn as it raises $100M in funding
In yet another sign of what is either a boom or a bubble in cryptocurrencies, bitcoin exchange Coinbase Inc. today said it has raised $100 million in new venture capital funding. The Series D round was led by Institutional Ventures Partners and included Spark Capital, …
Study finds major companies fail at basic password security
Password storage firm Dashlane Inc. today published a new report that confirms something that many already suspected: Many major companies are terrible when it comes to password security. The Password Power Rankings survey saw researchers at the company examine the password policies of 40 popular …