Duncan Riley
Latest from Duncan Riley
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 Code Guard, a security measure added to Edge last April as part of the ...
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 or have made rulings in relation to how cryptocurrencies are handled. In the ...
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 platform on a new blockchain called TON. The GRAM tokens sold in the ...
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, related to complaints from T-Mobile that radio transmissions from a Brooklyn address were ...
Intel now facing 35 lawsuits over Meltdown and Spectre vulnerabilities
Intel Corp. is now facing 35 lawsuits either directly or indirectly related to the “Meltdown” and “Spectre” critical vulnerabilities in its central processing unit chips. Disclosed in a Securities and Exchange Commission filing by Intel on Friday, the largest number of lawsuits, 30 so far, are customer class action lawsuits that generally represent users who claim to ...
Switzerland bucks the trend and issues guidelines supporting initial coin offerings
Switzerland has bucked global trends on initial coin offerings by issuing guidelines to support the ICO market and boost new blockchain technologies instead of simply banning them. The new guidelines, issued by the country’s Financial Market Supervisory Authority, seek to clarify when entrepreneurs will have to apply existing Swiss laws in relation to anti-money laundering and ...
Bitcoin celebrates Chinese New Year by breaking through $10K again
Bitcoin’s slow bull run continued Thursday as the cryptocurrency broke though $10,000 in trading Thursday, its highest point since Jan. 31 and a reversal of a decline that saw it bottom out at $6,363.97 on Feb. 5. Why bitcoin is continuing to grow in value is once again is disputed by analysts, but it appears to be the ...
Was Coinbase hacked? Exchange blames Visa as customers overcharged for thousands
Cryptocurrency exchange Coinbase Inc. is reported to have been making repeated unauthorized charges against customer bank accounts on the same day that IBM Corp.’s X-Force security team reported that hackers were targeting a cryptocurrency exchange. IBM said it was a two-tier attack that hijacked bitcoin and credit card details, allowing hackers to make cryptocurrency purchases in ...
FedEx exposes confidential customer data via misconfigured AWS storage
Global shipping giant FedEx Corp. is the latest participant in the hit online series “Let’s Misconfigure Our AWS Storage” after it was revealed today that a company it acquired in 2014 had left confidential customer data sitting on an S3 instance with zero security. The data came from a company called Bongo International, later renamed ...
Report finds politics now trumps profit as the biggest driver of malware attacks
A new report on malware has found that there is a direct correlation between geopolitical events and malware spikes, meaning that politics, more than profit, is now the major driver behind hacking. The finding comes from researchers today at the Comodo Threat Intelligence Lab with their Global Malware Report 2017 that details malware tracked by the ...