Duncan Riley
Latest from Duncan Riley
Jawbone goes into liquidation as founder starts new health-related company
Wearable technology pioneer Jawbone Inc. is soon to be no longer. According to reports, the once-high-flying maker of Bluetooth earpieces and other wearables and devices is in the process of liquidating its assets while founder and Chief Executive Officer Hosain Rahman has started a new company called Jawbone Health Hub. Despite sharing a common name, ...
South Korean cryptoexchange Bithumb hacked, millions potentially stolen
Another day, another cryptocurrency exchange is hacked. The latest victim: leading South Korean exchange Bithumb. The hack is said to have started with a hacker accessing and downloading details, but not passwords, of about 33,000 users in February from an employee’s computer. While not directly compromising Bithumb, those details were then used in a phishing ...
Darknet market Alphabay disappears in suspected scam
Illegal goods market Alphabay Marketplace has disappeared from the darknet, the shady part of the Internet accessible only through special software, in a move that suggests its backers shut it down to steal from users. Launched in December 2014 and ranked by researchers as the largest illegal-goods market online by October 2015, Alphabay has often been ...
Ransomware after all? NotPetya hackers now demand 100-bitcoin payment
The hackers behind the NotPetya malware that made headlines in late June are back in the news again. Now, the group is asking for a payment of 100 bitcoin ($256,000) for a decryption key for the malware despite security experts suggesting that NotPetya was never ransomware to begin with. The demand was made in statements ...
Ukrainian police raid company for allegedly distributing NotPetya malware
Police in Ukraine have raided a company alleged to be ground zero in the distribution of the recent NotPetya malware cyberattack. Local authorities early Wednesday local time said they seized computers from a company called Intellect Service that sells accounting software under the names of IS-pro and M.E.Doc. It’s alleged to be the main point of distribution ...
Australia’s universal healthcare system hacked, details sold on the darknet
A seller on the darknet, the part of the Internet accessible only through special software, is offering to sell the universal health care numbers of any Australian, according to reports published Tuesday. Medicare, a universal health care system that operates essentially as a government-issued credit card for free and discounted healthcare services, is issued to every ...
DARPA proposes a GPS-like system for undersea drone navigation
When most people think of drones, they think of devices that fly through the sky, taking pictures or blowing up terrorists. But the next wave of drones will operate under the sea, where signals from a global positioning satellite do not penetrate. That problem is something for which the same U.S. government department that gave ...
Study finds banks and other financial institutions score poorly on online security
A new study has found that some of the largest U.S. banks and financial institutions score quite poorly when it comes to online security. The study, from the Online Trust Alliance, audited more than 1,000 websites and found that a staggering 65 of the top 100 financial institutions in the U.S. received a failing grade. Only 27 of ...
New Qualcomm technology allows for better fingerprint scanning
Qualcomm Technologies Inc. is looking to extend its reach in smartphones with the announcement of a new fingerprint scanning technology. The new Qualcomm ultrasonic fingerprint scanners, revealed last week, eliminate the need for a dedicated standalone fingerprint scanner and instead facilitates scanning under displays, glass and metal. The technology also can detect heartbeat and blood ...
SEC sues man who ran fraudulent bitcoin and co-working business
The U.S. Securities and Exchange Commission on Friday filed criminal charges against a man alleged to have been running a dubious bitcoin trading business along with a related co-working space company. Renwick Haddow (pictured), described as a U.K. citizen living in New York, ran an unregistered broker-dealer business using sales representatives to cold-call potential investors and sell ...