it security services | GIGE IT Solutions: IT Services Mississauga

Lessons Learned From The Cathay Pacific Data Breach

March 10, 2020

Hong Kong airline company Cathay Pacific was fined 500 000 pounds by the UK Information Commissioner’s office due to a data leak where 9.4 million user records were leaked. Of the affected individuals, over 100 000 were from the UK. The data breach was the result of unauthorized access to Cathay Pacific’s servers that dated…
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Unnamed Canadian Insurance Company Suffers $1M USD Ransomware Attack

February 4, 2020

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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Windows 7 end of life time to update to windows 10

Today We Say Goodbye to Windows 7

January 14, 2020

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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Cloud Security Will Be The Cybersecurity Topic Of 2020

January 2, 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 new strategy release stolen data

Ransomware Cyberattackers Now Releasing Stolen Data To The Public

December 20, 2019

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

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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How The Dexphot Malware Evolves To Avoid Detection

December 6, 2019

Dexphot is a malware that has raised concern over its complex strategy of avoiding detection. First detected in October 2018, Dexphot is a strain cryptojacking malware. Cryptojacking malware is defined by its main goal of secretly hijacking computer resources in order to generate digital currencies for the cyberattacker. The victim’s computer suffers slowdowns, and is…
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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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22 Governments in Texas Hit By First Coordinated Ransomware Attack

August 28, 2019

On August 16th, the Texas Department of Information Resources (DIR) stated that 22 local Texan governments were simultaneously hit by coordinated ransomware attacks. They also stated that most of the victims were small-sized local governments. While government-targeted ransomware attacks are not new, this is the first incident of this scale and level of coordination. According…
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106 Million Affected By Capital One Data Breach

August 9, 2019

In one of the largest financial data theft incidents in history, Capital One Financial Corporation reported on July 19th 2019 that around 106 million of its clients’ data was leaked due to cyberattack. Of the affected, 100 million are located in the U.S. and 6 million in Canada. Capital One announced that personal client information…
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Tag: it security services

Lessons Learned From The Cathay Pacific Data Breach

Unnamed Canadian Insurance Company Suffers $1M USD Ransomware Attack

Today We Say Goodbye to Windows 7

Ransomware Cyberattackers Now Releasing Stolen Data To The Public

Newly Discovered Vulnerabilities Raise Concern over Security of VPN

How The Dexphot Malware Evolves To Avoid Detection

Employees Maliciously Cause Data Breaches at American Express and Yahoo

22 Governments in Texas Hit By First Coordinated Ransomware Attack

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