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Unnamed Canadian Insurance Company Suffers $1M USD Ransomware Attack

On October 8th 2019, an unnamed Canadian insurance company paid a total of 950 000 USD to a ransomware cyberattacker. The attacker was able to infect 20 servers and around 1000 employee computers in the attack, encrypting data on the systems behind a ransomwall, demanding payment of 109.25 bitcoins for the safe release of the…
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customer data files

Microsoft Exposed 250 Million Customer Support Logs

Microsoft recently announced that customer data was leaked following a permissions misconfiguration in its internal systems. The misconfiguration occurred on December 5th 2019. It was repaired on December 29th after Cybersecurity Professional Bob Diachenko discovered the leak and alerted the company on that same day. Microsoft assured the public that most of its sensitive data…
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A New Citrix Device Vulnerability Has Been Discovered

A new security vulnerability has been discovered in Citrix devices. The Canadian Centre for Cybersecurity has advised Canadian businesses to temporarily disconnect their Citrix devices from the internet. The repair patch has been rolled out as of January 19th 2020, with additional patches scheduled for January 24th. Users are advised to patch their devices as…
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travelex sodinokibi ransomware attack foreign exchange company

Travelex falls victim to “Sodinokibi” Ransomware

The list of ransomware victims continues to grow. On New Year’s Eve 2020, Travelex, an international foreign exchange company, disclosed that it was struck by the “Sodinokibi” ransomware strain. Also known as REvil, Sodinokibi ransomware prevents users from accessing their computer data by encrypting it behind a ransomwall. The ransom demand for Travelex was $6M…
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Windows 7 end of life time to update to windows 10

Today We Say Goodbye to Windows 7

Goodbye Windows 7 - today, January 14th 2020, is the day that Microsoft officially ends security support for Windows 7 computers. This means that PCs still running the decade old operating system will no longer be receiving security updates from Microsoft. According to NetMarketShare's statistics, 1/3 of PCs around the world are still running Windows…
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ransomware server shut down company

Ransomware Attack Temporarily Shuts Down The Heritage Company

The Heritage Company has temporarily shut down its operations due to a ransomware attack. In December of last year, CEO Sandra Franecke announced to the company’s 300 employees that the company had not fully restored its systems following a ransomware attack that October. As a result of the attack, the company would be temporarily suspending…
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cloud security 2020 cybersecurity focus

Cloud Security Will Be The Cybersecurity Topic Of 2020

Cloud computing grew drastically in 2019. However, cloud security has dragged behind in development which has resulted in some of the most devastating cyberattacks in history. In traditional offline computing, programs and data are stored locally on a machine. On the organizational scale, data may be stored and shared on local servers that are linked…
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ransomware in 2020 cybersecurity landscape new year

Ransomware In 2020 Will Be More Vicious Than Ever

With 2019 drawing to a close and 2020 almost here, we can take a look sat how the cybersecurity landscape has evolved over this past year. By far the two most prevalent topics of the year have been ransomware and data privacy. Ransomware By far the most relevant cybersecurity threat of 2019 was the rise…
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ransomware new strategy release stolen data

Ransomware Cyberattackers Now Releasing Stolen Data To The Public

Cyberattackers using ransomware for money extortion have recently adopted a new strategy to force victims into succumbing to their threats – releasing sensitive stolen information to the public. This new strategy was brought to light by a recent cyberattack by the Maze Ransomware strain. Typically, ransomware cyberattacks force victims to pay ransom fees by locking…
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new virtual private network vulnerabilities

Newly Discovered Vulnerabilities Raise Concern over Security of VPN

VPNs, or Virtual Private Networks, is a secure connection between computers over the internet. It allows for data to be transferred among computers in a more secure environment than over a public network. Alex Seymour, a cybersecurity researcher at Immersive Labs, recently discovered two new VPN vulnerabilities in Aviatrix VPN: a VPN service used by…
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