University shuts down its entire network to stop Bitcoin crypto-jackers

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A Canadian university had to shut down its entire campus network after it discovered hackers had hijacked its computing power to surreptitiously mine cryptocurrency – Bitcoin BTC, to be exact.

In a statement released earlier this week, Nova Scotia-based St. Francis Xavier University revealed the hackers snuck in malicious software on its servers to run their crypto-jacking operation. Its technical team first detected the attack last Thursday.

“In consultation with security specialists, [we] purposefully disabled all network systems in response to what we learned to be to be an automated attack on our systems known as ‘crytpocoin mining,’” the statement reads.

Fortunately, the university claims no personal information was compromised as part of the attack. Still though, it caused

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Read full article » https://thenextweb.com/hardfork/2018/11/07/university-cryptocurrency-mining-hack/


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