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Tag: bitcoin

IT Services & IT Solutions Mississauga & Toronto

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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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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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Florida’s Lake City and Riviera Beach City Hit by Ransomware, Pays $500 000 each for Decryption

The list of ransomware victims continues to grow. Florida’s Lake City and Riviera Beach City have both fallen victim to cyberattack. Both cities have been forced to pay $500 000 each to the attackers in attempts to unlock the encrypted files. On June 5th, the City of Riviera Beach released an official announcement stating that…
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Protecting yourself against Cryptojacking

A cryptojacking attack has forced St. Francis Xavier University to temporarily shut down its computer network systems. The university reports that the cyberattackers attempted to use the school’s computers resources to collect digital currency. What are cryptomining and cryptojacking? Cryptomining is the use of computer resources to collect cryptocurrencies such as bitcoin. The act of…
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The Rise of Cryptojackers: What It Is and Symptoms To Look For

Increase in Mining Popularity Crypto-currency mining saw a massive increase in popularity in Q4 2017 due to spikes digital currency value. During this time, the value of the “Bitcoin” currency was at an all-time-high, at nearly $20 000 per coin. Other currencies such as Monero also saw increase in value. While their financial worth has…
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