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Tag: ransomware attack

IT Services & IT Solutions Mississauga & Toronto

How Will Artificial Intelligence (AI) Change Cybersecurity?

Artificial Intelligence Artificial intelligence is the field of computer development concerned with simulating human problem solving and cumulative learning in computers. Systems with artificial intelligence get progressively better at doing tasks that they are designed to do, without the need for humans to ‘hard program’ new techniques or strategies for them. There are many advantages…
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Maastricht University Hit By Clop Ransomware, Pays $220 000 USD for Decryption

Netherlands’ Maastricht University was hit by a ransomware attack on December 23rd, 2019. The university paid the cyberattackers 30 bitcoins, worth at around $220 000 USD, in order to restore the infected computers to working conditions. The ransomware malware strain, called “Clop ransomware”, encrypted 267 of the university’s Windows servers, including backups. The University’s full…
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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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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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A Windows BlueKeep Exploit Is Now Commercially Available

Immunity Inc., an IT security consulting company, announced that a BlueKeep Exploit will now be included in CANVAS – the company’s commercially available security penetration-testing tool. BlueKeep is a security vulnerability that affects Windows 7, Windows 2003, Windows XP, Windows Server 2008 R2, and Windows Server 2008. Also known as CVE-2019-0708, the flaw allows attackers…
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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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Debt-Collector Firm Files For Bankruptcy Following Data Breach Costing Millions

New York-based debt collection company Retrieval-Masters Creditors Bureau, Inc. has filed for bankruptcy due to a massive data breach. Following the leak, the legal obligation on the company to notify the 7 million affected by the data breach cost it $3.8 million. Another $400 000 was also spent on external IT consultants to determine the…
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Ransomware has been Ravaging Canadian Towns: How Can You Protect Yourself?

The Canadian Ransomware Incidents The town of Midland Canada has recently been ravaged by the aftermath of a ransomware attack. Ransomware is a type of malicious cyberattack that locks sensitive data on your computer behind ransom-walls. Attackers then demand payment in the form of physical or digital currency for the safe release of this information.…
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Why Zero Day Recovery is Essential to your Company’s Security

The Zero-Day-Recovery Cybersecurity Strategy One of the most immediate and adverse effects of a malware attack is the potential for the affected company to come to a complete productive halt. This is the case for all sorts of malware ranging from data-stealing Trojans to data-locking ransomware. Every moment that a company spends offline to deal…
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