cryptocurrency | GIGE IT Solutions: IT Services Mississauga

Ransomware Attack Temporarily Shuts Down The Heritage Company

January 10, 2020

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

July 3, 2019

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

November 19, 2018

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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Are your organization’s fax machines security vulnerabilities?

August 20, 2018

It has recently been discovered by Check Point researchers that fax machines contain cyber-vulnerabilities that allow attackers to infiltrate your network using only a fax number. Given that many companies today still use fax machines, and that fax numbers are publicly provided contact information, this new exploit poses a major vulnerability concern to thousands of…
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How To Protect Your Business Against Cryptojacking

May 8, 2018

How To Protect Your Business Against Cryptojacking With the advancement in technology to ease up the business, there has been an increase in the number of cyber attacks as well. Cryptojacking is one of the forms of cyber attack in which a hacker uses the computing power of a target to mine cryptocurrency. In this…
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Tag: cryptocurrency

Ransomware Attack Temporarily Shuts Down The Heritage Company

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

Are your organization’s fax machines security vulnerabilities?

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