University Students Risk Ransomware Infection Through USB Drives
A recent security experiment conducted at the University of Illinois Urbana-Champaign goes to show how insecure freely distributed USB drives can be. Almost one in two drives were taken and plugged into a computer right away, regardless of possible consequences. Please Refrain From Using Unknown USB Drives. There is something very appealing about goodies, especially if they come in the form of an item everybody can use. USB Drives present an excellent example of how dangerous these goodies can be, though, as users will plug them into their computer without giving it a second thought. That....
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Paying the fee associated with a ransomware should always be seen as a last resort. There is no guarantee the decryption keys will restore full system access or revert all data back to its original state. The University of Calgary is the most recent victim of ransomware attacks, and the school paid CND$20,000 in Bitcoin to get rid of the malware. Despite paying the fee, not all systems are back online, as the provided decryption keys do not restore all systems automatically. Trouble started brewing for the University of Calgary on May 28, and students were advised not to connect their....
The world of Bitcoin ransomware has gotten a lot more creepy now that security researchers have announced it is all but impossible to crack the encryption used by the latest strain of TeslaCrypt. Keeping in mind how this Bitcoin ransomware is being spread by infected and networks on the main media outlet websites, there is an alarmingly high possibility of infection, and no way to do anything about it but paying the ransom fee. TeslaCrypt 3.0.1 is one type of Bitcoin ransomware that nobody wants to deal with right now.
The Iowa State University has suffered a massive security breach which compromised the security of student data and attempted to mine bitcoin. The University says the compromised servers contained social security numbers of 29,780 students enrolled between 1995 and 2012. However, there is no indication that any of the files were accessed. No financial information was stored in the student records and further investigation led the university to conclude that personal information was not the target. "The servers were hacked by an unknown person or persons seeking to generate enough computing....
For those readers unfamiliar with the concept of Bitcoin ransomware, we should take the time to briefly explain what this phenomenon is all about. Bitcoin ransomware has been a topic of substantial discussion in the media throughout 2015, and the year 2016 does not seem to be changing that anytime soon. There have been numerous reports of this type of attack against companies and individual users, even though there are a few easy steps to avoid ransomware from infecting one’s device. Bitcoin is not to blame for these attacks by any means, only the people who create this software. Although....
Fuqua School of Business Professor Campbell Harvey is offering a new class called 'Innovations and Cryptoventures' to students in the Spring 2015 semester. His new class, which has been in development for the last several months, will be available to Law students, MBA students, graduate students, and technically skilled undergraduate students. Other schools that have launched Bitcoin, blockchain, or digital currency related classes or programs include NYU and the University of Nicosia. The mix of students with different skill sets and experience levels is an intentional one, Harvey plans....