CyberNews BriefsOrganized Crime & Gangs

University shuts down network to thwart Bitcoin cryptojacking scheme

“A Canadian university was forced to close down its entire network due to the discovery that the system was being abused in order to mine for cryptocurrency. Nova Scotia’s St. Francis Xavier University uncovered the cryptojacking scheme on Thursday. IT staff at the academic institution found malicious software which had been covertly installed in the university’s StFX network. The malware, which used Xavier University’s power and computing resources to mine Bitcoin (BTC) in particular, led the organization to disable the entire network.”

Source: University shuts down network to thwart Bitcoin cryptojacking scheme | ZDNet

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.