Duncan Riley
Latest from Duncan Riley
New Android malware replaces code in legitimate apps to display malicious ads
A newly discovered form of Android malware that changes code in legitimate apps to display fraudulent ads has been found on more than 25 million devices, according to a report today from security researchers at Check Point Software Technologies Ltd. Dubbed “Agent Smith” by the researchers after the villain who copies himself multiple times in “The Matrix” ...
Investigation into proposed French tech tax could spark a US-Europe trade war
U.S. President Donald Trump today ordered an investigation into a proposal from France to impose a tax on large tech companies, a move that could possibly spark a trade war between the U.S. and Europe. The French proposal, dubbed a digital services tax, would impose a 3% tax on the total annual revenue of large ...
YL Ventures closes new fund of $120M to invest in Israeli cybersecurity startups
Venture capital firm YL Ventures GP Ltd. has closed its fourth fund at $120 million. Specializing in seed-stage investing in Israeli cybersecurity startups, the fund is the first YL Ventures has raised since 2017 and brings the total capital under management for the firm to $260 million. The YLV IV fund will follow in the footsteps ...
US Coast Guard issues warning following successful malware attack on large vessel
The U.S. Coast Guard issued a safety alert on Monday warning ship operators to update their security following a “significant cyber incident” involving a vessel bound for the Port of New York and New Jersey in February. According to the warning, an interagency team of cyberexperts led by the Coast Guard was called on to ...
GDPR bites again: Marriott facing $123.6M fine for 2018 data breach
The U.K.’s Information Commissioner’s Office today announced that it intends to fine hotel chain Marriott International Inc. £99.2 million ($123.6 million) for a data breach in November that exposed the records of some 500 million customers. The hack had its roots in the Starwood hotels group starting in 2014, two years before it was acquired ...
Zoom fixes vulnerability that allowed hackers to hijack Mac webcams
Videoconferencing firm Zoom Video Communications Inc. today issued a fix for a vulnerability that could have allowed a hacker to hijack a webcam on a Mac computer via a malicious website. Detailed by security researcher Jonathan Leitschuh, the vulnerability exploits a feature in the Mac Zoom client that allows users to join a videoconference by clicking on a ...
Israeli SaaS customer collaboration startup Lightico raises $14.5M
Israeli software-as-a-service customer collaboration startup Lightico Ltd. has raised $14.5 million in funding to accelerate product development and expand its global presence. The funding round was led by Mangrove Capital Partners and included previous investors lool ventures and Crescendo. Founded in 2014, Lightico provides customer experience software online focused on accelerating sales and service requests in call centers. The company’s ...
GitHub account belonging to Ubuntu Linux maker Canonical hacked
A GitHub account belonging to Canonical Ltd., the maker of Ubuntu Linux, was hacked over the weekend as a hacker created new repositories in the process. The hack took place on Saturday via compromised credentials. The hacker created 11 new repositories with names such as “CAN_GOT_HAXXD_2” and “CAN_GOT_HAXXD_4.” The Ubuntu Security team confirmed the attack, saying on Twitter that ...
As Japan-Korea dispute spreads, Samsung starts to run short on key supplies
A dispute that prompted the Japanese government to impose export restrictions on high-tech materials to South Korea may affect U.S. tech firms thanks to the key role Korean companies have in the global supply chain. The spat came about after South Korea’s Supreme Court ruled that Japan’s Nippon Steel must compensate South Koreans for forced labor ...
Enterprise software firms Medallia and Phressia set terms ahead of IPOs
Investors will soon get two more chances to weigh in on enterprise software stock offerings. Two software companies, Medallia Inc. and Phressia Inc., today announced terms for their initial public offerings on the New York Stock Exchange. Medallia, a San Francisco-based customer experience software provider, said it’s planning to raise $247 million through an offering of ...









