Canadian university shuts down entire network to stop cryptojacking hack

07 Nov, 2018
by David Robb
Canadian university shuts down entire network to stop cryptojacking hack

A university in Canada was recently forced to shut down its entire campus computer network in order to stop a cyberjacking attack. Nova Scotia's St. Francis Xavier University discovered the attack last Thursday, as reported by LiveBitcoinNews.

Hackers had been using the network's computing power in order to mine Bitcoin (BTC), after sneaking cryptojacking malware onto the campus servers.

According to a statement from the university, "malicious software attempted to utilize StFX’s collective computing power in order to create or discover bitcoin for monetary gain. At this time, there is no evidence that any personal information within our network was breached, however, ITS will continue to analyze and monitor for suspicious activity in the days and weeks ahead. ITS has also implemented heightened security measures in response to this event."

Email, wi-fi, online courses and many other important features of the university's computer network were disabled, and all passwords had to be reset. It hopes to have everything back up and running within the next few days.

Read more: Cryptojacking malware CoinHive infects 30,000 routers across India; Over 2.5 million new cases of 'cryptojacking' software in 2018

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Read more about: Bitcoin (BTC)


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