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IT Services & IT Solutions Mississauga & Toronto

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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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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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 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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European Airport Finds 50% of its Computers Infected With Malware

50% of the workstations at an international airport in Europe have been infected by a cryptomining malware. The breach was discovered by researchers from cybersecurity company Cyberbit. The researchers stated that they detected the malware due to abnormal activity of the PAExec tool and Reflective DLL Loading on the infected computers. What is cryptojacking? Cryptojacking…
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3rd Party Programs: Are They Cybersecurity Weakpoints?

Almost 400 dental offices were infected with ransomware in a cyberattack this August. The computers became infected after DDS Safe, a 3rd party cloud backup software that all the affected offices were using, was compromised. The software was developed by Dental Technology Company PerCSoft. Affected offices had their computer files encrypted behind ransomwalls. On August…
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VPN Devices Need Patching: New Vulnerabilities Have Been Discovered

The Canadian Centre for Cybersecurity recently stressed the importance of keeping VPN devices up-to-date. Because VPN devices act as points of contact between a network and the internet, they are particularly vulnerable to cyberattack. The Centre for Cybersecurity identified four types of VPN that are particularly vulnerable: Fortinet Forigate, Palo Alto GlobalProtect, Pulse Connect Secure,…
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22 Governments in Texas Hit By First Coordinated Ransomware Attack

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

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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Fileless Malware is Difficult to Detect, Dangerous, and On-The-Rise

Fileless Malware Attacks are on the rise. The Canadian Centre for Cyber Security warns the public to watch out for this dangerous type of cyberattack. Fileless malware attacks are a particularly dangerous strain of malicious software (malware) that are difficult to detect due to their ability to exploit your own programs to mask themselves. This…
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