The number of distributed denial-of-service attacks experienced by enterprises has doubled since the start of the year, according to a newly published report. Corero Network Security Ltd. said organizations using their services experienced an average of 237 DDoS attack attempts per month during the third quarter, or the equivalent of eight DDoS attack attempts a day. That’s a ...

In what could be the first of many cases to come, a dubious startup that raised money through an initial coin offering has gone dark amid allegations that it was nothing more than a scam to begin with. The company in question went by the name of Confido and pitched an Ethereum blockchain-based app for making ...

Chinese drone maker DJI (Dà-Jiāng Innovations Science and Technology Co. Ltd.) has allegedly threatened to take legal action against a researcher who reported security vulnerabilities to the company as part of its bug bounty program. The claim comes from researcher Kevin Finisterre, who detailed in an essay that he discovered DJI had exposed the private keys for the company’s ...

The details of a global spying operation headed by the Department of Defense have been exposed after security researchers discovered data pertaining to the program on three publicly available Amazon Web Services Inc. servers. The data, discovered by the team at UpGuard Inc., consists of at least 1.8 billion scraped online posts from individuals across ...

The price of bitcoin returned to record highs in trading Thursday thanks to several announcements that boosted investor confidence in the cryptocurrency. The first announcement came from venture capital-funded bitcoin exchange Coinbase Inc. It announced the launch of Coinbase Custody, a custodian service aimed at large institutional investors like hedge funds and sovereign wealth funds ...

At least 4 percent of all Black Friday-themed apps are malicious, stealing login credentials and credit card details instead of holiday shopping help. That’s according to research from digital threat management firm RiskIQ Inc., which warned shoppers to be careful ahead of the biggest retail day of the year coming Nov. 24. The research involved running keyword queries ...

An exotic new version of the Terdot banking trojan virus has been spotted that no longer simply steals bank account details but also social media account details too. The new version uses the original Terdot code base that itself was a based on the Zeus framework. But it adds a number of novel techniques, such as leveraging ...

A new lawsuit claims crowdfunding platform startup Patreon Inc. failed to enforce its own community guidelines in not acting against an alleged harassment campaign and thus was complicit in the harassment. The lawsuit, which could be a test case for when a web service provider is liable for the actions of its users, was filed Nov. 6 in ...

Blockchain startup Tezos, which raised $233 million in an initial coin offering in July, is facing more difficulties as a class action lawsuit was filed against it and its founders, alleging fraud and breaches of U.S. securities law. It’s the second lawsuit filed against it three weeks. The new lawsuit, filed in the U.S. District Court in Florida, ...

The Trump Administration has released the previously secret rules used by the government to decide on whether to disclose cybersecurity vulnerabilities or keep them secret. The interagency Vulnerabilities Equities Policy, created by the Obama administration, details the processes involved in classifying and managing discovered vulnerabilities among different government bodies such as the National Security Agency, Central Intelligence ...