Duncan Riley
Latest from Duncan Riley
SurBitcoin ceases trading as Venezuela’s war on bitcoin continues
Venezuela’s war on bitcoin is ramping up as the country’s largest exchange was forced to cease trading following the closure of its bank account. SurBitcoin informed its clients Feb. 3 that they should immediately withdraw their cash and cryptocurrency balances after its bank account at Banesco, the largest financial institution in Venezuela, was shut down without ...
Hackers bring down 20 percent of the dark web after finding child porn
Hackers affiliated with the “hacktivist” collective Anonymous have brought down Freedom Hosting II, the largest hosting provider on the dark web and host to a range of illegal activities, including child pornography. The hack took down 10,613 sites, an estimated 20 percent of all sites on the dark web. It was seemingly at first motivated ...
Ancient SQL Slammer worm returns from the dead in mysterious new attack
A computer worm that resulted in a wave of distributed denial-of-service attacks in 2003 has mysteriously returned to the Internet in a series of attempted attacks late last year. Security firm Check Point Software Technologies Ltd. detected the worm, called SQL Slammer, between Nov. 28 and Dec. 4 in what it described as a “massive surge” in ...
Washington DC camera hackers arrested in the UK
Two people have been arrested in relation to the hacking of Washington D.C.’s closed-circuit television camera network that resulted in 70 percent of the network going offline in the week before the inauguration of President Donald Trump. The two suspects, identified only as a 50-year-old British man and a Swedish woman of the same age, were arrested south ...
Newly discovered malware targets wide range of cryptocurrency wallets
A new form of malware that steals bitcoin and other forms of cryptocurrency has been discovered by security firm Cyren Ltd. The as-yet unnamed malware is delivered via emails pretending to be notifications of online wire transfers, payment updates or swift transactions from banks such as Emirates NDB and DBS. The attachment to the email appears be a ...
Survey finds organizations more afraid of brand image than cyberattacks
A new survey from enterprise risk intelligence firm RiskVision Inc. and the Ponemon Institute has found that organizations are more afraid of a bad brand reputation than they are of cyberattacks. The survey, which polled 641 people in charge of risk management activities including those at a senior management level, found that 76 percent believed that ...
Google telepresence drones may be flying to an office near you
When most people think of drones they think of the unmanned aerial vehicles dashing through the sky. But if Google Inc. gets its way, drones may soon become an office mainstay as well. In a filing with the U.S. Patent and Trademark Office, the search giant is seeking a patent for what it describes as a ...
Snap files to raise $3 billion in the biggest tech IPO since 2014
Snap Inc., best-known for its Snapchat app, is finally going public. The “camera company,” as Snap curiously calls itself in initial public offering documents filed Thursday, is looking to raise $3 billion on a valuation of between $20 billion and $25 billion. Either way, it would be the largest tech IPO since China’s Alibaba Group ...
GoPro Karma drones back on sale after faulty battery latch fixed
GoPro Inc. is hoping its luck has turned for the better. On Wednesday, the company best known for its outdoor action cameras re-released its Karma drone for sale. The drone was infamously recalled back in November after a “small number” of Karma units “lost power during operation,” which is a polite way of saying the drones ...
Predictive analytics startup Uptake raises $40M, netting $2B valuation
Uptake Technologies Inc., a predictive analytics startup established by Groupon Inc. founders Brad Keywell and Eric Lefkofsky, has raised $40 million late-stage funding round. The Series C round, raised from Revolution Growth, founded by AOL founder Steve Case, valued the company at $2 billion, according to The Wall Street Journal. Founded in 2014, Uptake’s predictive analytics Software-as-a-Service ...









