Millions of dollars worth of cryptocurrency is believed to have been stolen as part of a distributed-denial-of-service attack targeting servers used by popular bitcoin wallet service Electrum. The attack, a new version of an attack targeting Electrum in December, has the ultimate aim of tricking users into downloading a malicious version of the Electrum wallet that ...

Cybersecurity risk management startup RiskLens Inc. today said it has raised $20 million in new funding to fuel expansion across sales, marketing, engineering and professional services departments. The Series B round was led by Paladin Capital Group and included Dell Technologies Capital, Osage Venture Partners, F-Prime Capital and MassMutual Ventures. Founded in 2011, RiskLens offers cyber risk management ...

Sonos Inc. today joined with famed Swedish flat-pack furniture maker Ikea to debut two new WiFi-connected speakers in the forms of a lamp and a bookshelf. The Ikea Symfonisk collection speakers debuted at an Italian design show on Monday and are being pitched as integrating technology with home furnishing products so as to “improve life ...

Bitcoin has maintained a price surge that started on April Fool’s Day, reaching new yearly highs over the weekend in what many believe may indicate a long-term bull run. The cryptocurrency broke through the $5,000 mark on Tuesday, its highest level since November, and managed to maintain prices in that vicinity — $4,900 to $5,100 ...

In something straight out of a Hollywood movie, the fingerprint scanners on Samsung Electronics Co. Ltd.’s flagship Galaxy S10 devices can be easily tricked by a rubber finger. Detailed Friday a hacker by the name of Darkshark9, the hack of the fingerprint scanner requires some work and involves the use of the 3-D scanner. The in-screen fingerprint ...

Lyft Inc. is threatening to sue Morgan Stanley, accusing the merchant bank of promoting short-selling to investors who were subject to lock-up agreements. Short-selling is the sale of shares that the seller has borrowed in the expectation of being able to acquire them later at a lower price, the profit coming from the price difference between ...

German drugmaker Bayer AG has blamed an allegedly Chinese government-backed hacking group for a cyberattack against its network. The attack is said to have been detected first in Bayer’s network early last year. The company reportedly was silently monitoring its behavior for more than a year before deciding to cease the attack and call authorities. ...

A newly discovered scam is using the services of an otherwise legitimate third-party provider to collect ransom payments. Detailed Thursday by security researchers at Trustwave Inc., the latest variation of a so-called law enforcement sextortion scam has those behind it claiming to be contacting the victim on behalf of the U.S. Central Intelligence Agency. Sextortion scams involve ...

Xiaomi Inc. has released a patch for a security vulnerability that could have allowed hackers to intercept data and insert malicious code on devices made by the company. Discovered by security researchers at Check Point Software Technologies Ltd. and revealed Thursday, the vulnerability, found somewhat ironically in “Guard Provider,” the standard security application Xiaomi installs ...

O(1) Labs Operating Corp., the parent company of the Coda Protocol, has raised $15 million in new funding to continue to build out its tiny blockchain. The Series A funding round included Accomplice, Coinbase Ventures, Paradigm and General Catalyst, along with previous investors MetaStable, PolyChain and Electric Capital. Founded in 2018, the Coda Protocol is attempting to ...