Duncan Riley
Latest from Duncan Riley
Instagram suffers downtime after scrambling to fix password-revealing bug
Instagram went down on Saturday morning after parent company Facebook Inc. was forced to fix a bug that exposed user passwords. The Information reported that Instagram informed affected users earlier in the week that their passwords may have been exposed to a security bug. The bug is said to have been tied to a feature rolled ...
Acting attorney general linked to company that promoted a time travel cryptocurrency
Acting U.S. Attorney General Matthew Whitaker has been linked to a company that among its various offerings was pitching a time travel cryptocurrency. Whitaker (pictured below), appointed to replaced Jeff Sessions by the Trump administration Nov. 7, sat on the advisory board of a company called Worldwide Patent Marketing from 2014 until the company was ...
Enterprise productivity software startup Airtable raises $100M on a $1.1B valuation
Enterprise productivity software startup Airtable today said it has raised $100 million in new funding on a valuation of $1.1 billion to hire more people and expand into international markets. The Series C round was led by Thrive Capital, Benchmark and Coatue Management and included CRV, Caffeinated Capital and a number of individual investors. Founded in 2012, ...
SpaceX obtains approval to launch an additional 7,518 space internet satellites
Elon Musk’s internet-in-space project today received a boost, as SpaceX Corp. got approval from the U.S. Federal Communications Commission to launch an additional 7,518 broadband satellites. The additional satellites, which are on top of the 4,425 for which SpaceX already has approval, form part of the Starlink project announced by Musk at an event in January 2015. Starlink is ...
Alex Jones blames industrial and political sabotage following hack of Infowars Store
The Infowars Store, the merchandise site of controversial conspiracy theorist Alex Jones, has been hacked and details of customers purchasing items on the site stolen. The discovery, made by Dutch security researcher Willem de Groot and first reported by ZDNet Wednesday, involved a Magecart infection. That’s the same malware behind the hack of Cathay Pacific Airway ...
ICS cybersecurity startup Dragos raises $37M in new funding
Industrial control system cybersecurity startup Dragos Inc. said today it has raised $37 million in new funding to continue its “mission of safeguarding civilization.” The Series B round was led by Canaan and included Emerson Electric Co., National Grid Partners, Schweitzer Engineering Laboratories and a number of existing investors. As part of the round, Canaan partner ...
Bitcoin hits 18-month low as Bitcoin Cash dispute drives cryptocurrency prices downward
The price of bitcoin has dropped to an 18-month low as instability in cryptocurrency markets, driven by a dispute over the future of Bitcoin Cash, prompted mass selloffs across the board. Bitcoin Cash is both a rival cryptocurrency to bitcoin and a fork or splitoff of cryptocurrency that launched in August 2017. The fourth-largest cryptocurrency by ...
Uber books a $1.07B loss as it staggers toward a public offering
Ride-hailing giant Uber Technologies Inc. today reported a big loss in its third quarter as it staggers toward an expected initial public offering in the first half of 2019. Uber reported a $1.07 billion loss in the quarter ended Sept. 30, adjusted down on earnings before interest, taxes, depreciation and amortization to a loss of $527 million. ...
Machine learning and data science lead fight against cyberattacks
Cybersecurity is moving away from antivirus detection to utilizing machine learning and data science to combat ever-evolving attacks. That’s the key takeaway from a new report out today from security firm Sophos Group plc. The SophosLabs 2019 Threat Report details the changes to the threat landscape in 2018, how security has evolved to address that and where ...
Report finds container and Kubernetes security is not being taken seriously
A new report from threat detection startup StackRox Inc., written in conjunction with CyberEdge Group, has found that most organizations do not feel prepared to adequately secure cloud-native applications despite surging adoption of containers and Kubernetes. The inaugural “The State of Container Security” report released today, based on a survey of more than 230 information ...