Tag Archives: hackers

Alberta MacEwan University Loses $11.8m to Hackers

University employees were fooled by phishing email asking them to change banking information for one of their main vendors. MacEwan University blames admin error for losing $11.8m dollars. They said no safeguards were in place before. University says now more than 1 person would be required to change any banking information so this does not … Continue reading Alberta MacEwan University Loses $11.8m to Hackers

Major Canadian Company Pays $425k To Hackers

We have learned that major Canadian firm paid $425k in Bitcoin money to unlock their servers from ransomware attack. Their live servers were locked as well as their backup. The name of the company can not be published at this time due to confidentiality agreement. Ransomware is a type of malicious software from cryptovirology that … Continue reading Major Canadian Company Pays $425k To Hackers