Correspondent, Boston
Jim's Feed
Oct 2, 2013

Marketplace of vice, ‘Silk Road’ meets its end

BOSTON, Oct 2 (Reuters) – Before it was shut down by U.S.
agents this week, people looking to buy street drugs, hire
hackers or hitmen, and acquire stolen e-commerce accounts
anonymously online could go to Silk Road, the Amazon.com of
vice.

For more than two years, according to U.S. authorities, the
website allowed users to buy and sell illegal goods and services
on the assumption that they were safe from the law. The buyers
were cloaked by technology designed to keep identities secret
and transactions were processed with bitcoin digital currency.

Oct 2, 2013
Sep 26, 2013

Data brokers D&B, LexisNexis, Altegrity report cyber attacks

BOSTON (Reuters) – Three major U.S. data providers said on Wednesday they were victims of cyber attacks, after a cybersecurity news website linked the breaches to a group that sells stolen social security numbers and other sensitive information.

An FBI spokeswoman said the bureau was investing the breaches but declined to elaborate.

Sep 23, 2013
Sep 23, 2013

German group claims to have hacked Apple iPhone fingerprint scanner

BOSTON (Reuters) – A group of German hackers claimed to have cracked the iPhone fingerprint scanner on Sunday, just two days after Apple Inc launched the technology that it promises will better protect devices from criminals and snoopers seeking access.

If the claim is verified, it will be embarrassing for Apple which is betting on the scanner to set its smartphone apart from new models of Samsung Electronics Co Ltd and others running the Android operating system of Google Inc.

Sep 20, 2013

FireEye’s debut signals red hot interest in cybersecurity

Sept 20 (Reuters) – The shares of cybersecurity company
FireEye Inc leapt 80 percent in their trading debut on
Friday in a sign of how red hot cybersecurity is on Wall Street
at the moment, and even inspired at least one peer to accelerate
plans to go public.

FireEye, whose debut ranks as the sixth biggest first-day
close in the United States this year, is the latest in a string
of successful public offerings from technology companies.

Sep 20, 2013

Exclusive: FireEye share rush inspires Zscaler to move up IPO – CEO

BOSTON (Reuters) – Cybersecurity firm ZScaler is pushing up its IPO plans by six to nine months after a doubling in FireEye Inc’s (FEYE.O: Quote, Profile, Research, Stock Buzz) share price on its market debut on Friday underscored the pent-up demand for companies that specialize in battling online crime.

CEO Jay Chaudry, who co-founded the company in 2008 and steered it into a global security provider to more than 4,000 enterprise customers, told Reuters in an interview that FireEye’s eye-popping first-day performance clinched his decision.

Sep 20, 2013

FireEye share rush inspires Zscaler to move up IPO -CEO

BOSTON, Sept 20 (Reuters) – Cybersecurity firm ZScaler is
pushing up its IPO plans by six to nine months after a doubling
in FireEye Inc’s share price on its market debut on
Friday underscored the pent-up demand for companies that
specialize in battling online crime.

CEO Jay Chaudry, who co-founded the company in 2008 and
steered it into a global security provider to more than 4,000
enterprise customers, told Reuters in an interview that
FireEye’s eye-popping first-day performance clinched his
decision.

Sep 20, 2013

FireEye surges in debut, puts cybersecurity in spotlight

By Jim Finkle

(Reuters) – Shares in cybersecurity firm FireEye Inc (FEYE.O: Quote, Profile, Research, Stock Buzz) almost doubled in their trading debut on Friday as the fast-growing company that helps businesses fend off hackers went public.

The success of the company’s highly anticipated initial public offering put cybersecurity firms in the spotlight on Wall Street and caused at least one company in the industry to accelerate plans to go public.

Sep 20, 2013
    • About Jim

      "Jim works in the Reuters Boston bureau covering cyber security, hacking and technology privacy issues. He’s been with Reuters since 2005. He previously covered technology, media and biotechnology for Broadcasting & Cable, the Orange County Register and Bloomberg News out Tokyo, Taipei, San Francisco, Los Angeles and Santa Ana, California."
      Joined Reuters:
      2005
      Languages:
      English, Mandarin
    • More from Jim

    • Contact Jim

    • Follow Jim