Duncan Riley
Latest from Duncan Riley
Microsoft’s bug tracker was hacked in 2013 but it didn’t tell anyone about it
You can say lots of things about hackers — scum of the earth, trash, evil and several other words that modesty prevents being typed, but you can’t accuse them of not being creative. It turns out they broke into Microsoft Corp.’s bug tracking database, which tracks vulnerabilities in Microsoft’s products, way back in 2013. The ...
Digital Asset raises $40M for its blockchain-based financial platform
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 and shared infrastructure. The goal is to deliver software with the potential to ...
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 is a huge vulnerability. Steve Moore, vice president and chief security strategist at ...
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 reducing the amount of time it takes to transfer money across borders from ...
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 described on the pizza maker’s website as a “temporary security intrusion” between the morning ...
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 vulnerability, dubbed “ROCA,” involves the chips’ use of trusted platform modules, or TMPs, ...
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 Stellar network, a free, open-source network developed by the Stellar Development Foundation with ...
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 to light last week following a post by software engineer Chris Moore, who ...
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 now so widespread that hundreds of millions of people now encounter dubious cryptomining scripts ...
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 most interesting being that investors are buying into bitcoin prior to two proposed ...