Cryptojacking Attack Forces University to Shut Down Entire Network
November 06, 2018 8:47 PM Discuss St. Francis Xavier University in Nova Scotia, Canada has been targeted by cryptocurrency mining malware in a cyberattack that has forced the institution to shut down its entire network for the better part of a week as system administrators struggle to root out the malware. Known as cryptojacking, the practice has become recognised as a tool of choice for cybercriminals who are increasingly pivoting toward crypto technology to facilitate their activities. Globalnews.ca reports that the cryptojacking attack started on Nov. 1, targeting the university's considerable network infrastructure for unauthorised mining of a yet-to-be-identified cryptocurrency. After the malware was detected, the school immediately pulled its entire network offline, effectively paralysing all activities relating to its online course system, cloud storage, email services, debit transactions, and Wi-Fi.
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