Duncan Riley
Latest from Duncan Riley
Coinbase pays $6.5M to settle government investigation into false reporting
Cryptocurrency exchange Coinbase Global Inc. has been fined $6.5 million by the U.S. Commodity Future Trading Commision to settle allegations that it undertook reckless false, misleading or inaccurate reporting as well as so-called wash trading between 2015 and 2018. Along with the fine, announced Friday, Coinbase is also subject to stop any further violations of ...
FBI internet crime report details surge in cybercrime complaints in 2020
The U.S. Federal Bureau of Investigation has delivered its annual internet crime report based on information from 791,790 complaints in 2020, far surpassing 300,000 complaints in 2019. The report found that the top three crimes reported by victims in 2020 were phishing scams, nonpayment or nondelivery scams and extortion. Victims lost the most money to ...
Apple reportedly to begin production of iPad Pro with mini-LED display in April
Apple Inc. is on track to start production of a new iPad Pro with a mini-LED display in April, according to the latest investor note from famed Apple analyst Ming-Chi Kuo. According to Kuo, the new iPad Pro, an upgrade from the last model released in March 2020, will be the first Apple product to ...
XCodeSpy malware targets developers using Apple’s Xcode software
A recently discovered form of Mac malware is being used to target software developers who use Apple Inc.’s Xcode development environment for macOS. Detailed today by researchers at SentinelOne, XcodeSpy is a malicious Xcode project that installs a custom variant of the EggShell backdoor on the developer’s macOS computer along with a persistence mechanism. Once installed, ...
Security ratings firm SecurityScorecard raises $180M for global expansion
Security ratings firm SecurityScorecard Inc. today said it has raised $180 million in new funding to accelerate its growth through new product lines, global expansion, a broadening partner ecosystem and additional functionality to assess and mitigate cybersecurity risk. The Series E round included Silver Lake Waterman, funds and accounts advised by T. Rowe Price Associates, Kayne Anderson ...
Investment platform startup Republic raises $36M to help investors exit early
Investment platform startup Republic has announced it has raised $36 million in new funding to build a system for investors to sell their stakes sooner than the eight to 10 years it usually takes for startups to return money. The Series A round into the company, formally named OpenDeal Inc., was led by Galaxy Interactive and ...
Israeli startup Vulcan Cyber raises $21M to roll out vulnerability remediation solutions
Israeli software security startup Vulcan Cyber Ltd. has raised $21 million in new funding to support the rollout of new vulnerability remediation solutions for cloud and application security teams and deliver a new service. The Series B round was led by Dawn Capital and included Wipro Ventures, YL Ventures and Ten Eleven Ventures. Founded in 2018 and based in ...
Report finds ransomware and ransom payments continued to surge in 2020
Not only did ransomware surge over 2020 but the average ransom payment also rose rapidly, according to a new report from Palo Alto Networks Inc.’s Unit 42 threat intelligence team and the Crypsis incident response team. The Ransomware Threat Report 2021, based on global data from Unit 42 and Crypsis, found that adversaries took advantage ...
SPAC merger will take eToro public with a valuation of $10.4B
Social trading and investment marketplace eToro Group Ltd. is the latest company set to go public with an announcement today that it will merge with special-purpose acquisition company FinTech Acquisition Corp. V. As part of the deal, FinTech V will contribute $250 million to eToro, while a further $650 million will be invested into the ...
Payments software firm Coupa tops earnings estimates but offers mixed guidance
Shares of Coupa Software Inc. rose slightly in after-hours trading today after the payments software firm topped analysts’ expectations, but it delivered a mixed bag in its guidance. For the quarter ended Jan. 31, Coupa reported revenue rose 47% from a year ago, to $163.5 million. The rise was in part driven by subscription revenue, ...









