cybercrime | GIGE IT Solutions: IT Services Mississauga

Network Hacks Increase With Work-from-Home Adoption

April 27, 2020

Arctic Security, a Finnish Cybersecurity company, has recently conducted a study about the impact of Work-from-Home on the number of Network Cybersecurity Incidents in Finland. It was discovered that Finland usually sees around 200 network compromises per week. However, the country saw an increase to 800 incidents during the 3rd week of March. It was…
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A New Citrix Device Vulnerability Has Been Discovered

January 22, 2020

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

January 16, 2020

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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new virtual private network vulnerabilities

Newly Discovered Vulnerabilities Raise Concern over Security of VPN

December 10, 2019

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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businessman internal employee data breach

Employees Maliciously Cause Data Breaches at American Express and Yahoo

October 7, 2019

In two separate incidents, U.S. companies American Express and Yahoo have both been affected by data breaches of their clients’ personal information. Both attacks were the result of insider threats – a type of cyberattack caused by an internal person in the company. The American Express Incident American Express stated that data that was leaked…
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hacking coding dangerous software vulnerabilities to be patched

The Most Dangerous Software Errors Have Been Identified

September 30, 2019

American Not-for-profit research organization MITRE has published their 2019 report for the “Top 25 Most Dangerous Software Errors”. In their report, MITRE placed buffer flaws and cross-site scripting at the top of their list. The CWE list of top 25 most dangerous software errors is a useful reference for software developers and cybersecurity professionals when…
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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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IT Services Company HCL Suffers Data-Leak, Quickly Recovers

June 18, 2019

HCL, a multibillion dollar company with over 100 000 employees, has suffered a data leak of sensitive customer and employee information. The leak was discovered on May 1st 2019 by a research team in UpGuard. Information that was leaked included employee information, customer information, and company project details. For employees of the company, names, IDs,…
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Why are Cyberattackers Targetting Loyalty Programs?

December 28, 2018

Cyberattackers have recently taken an interest in hacking company loyalty programs. This was illustrated by a recent data breach in Marriott, which affected over 500 million customers. The guests that were affected were a part of the organization’s Starwood Preferred Guest loyalty program, which is a joint program by Marriott and Starwood Hotels and Resorts.…
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Reporting Data Breaches: Do you need to do it?

October 29, 2018

Hong Kong’s flag carrier, Cathay Pacific, has been the latest in the long list of companies affected by major digital data breaches. It was reported that the sensitive data of over 9.4 million customers were compromised due to the incident. Over 400 expired credit card numbers, and 27 active cards (without CVV information) were leaked.…
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Tag: cybercrime

Travelex falls victim to “Sodinokibi” Ransomware

Newly Discovered Vulnerabilities Raise Concern over Security of VPN

Employees Maliciously Cause Data Breaches at American Express and Yahoo

The Most Dangerous Software Errors Have Been Identified

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

IT Services Company HCL Suffers Data-Leak, Quickly Recovers

Why are Cyberattackers Targetting Loyalty Programs?

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GIGE IT Solutions: IT Services Mississauga