Hacked Canadian ISP leads to virtual currency theft

Share this article:

A hacker who gained privileged access to a Canadian ISP's network hijacked net traffic from foreign networks and stole more than $83,000 in virtual currency.

The hacker, who experts believe may be a former employee of the Canadian ISP and is working alone, compromised the servers of firms that generate virtual currencies like Bitcoin and Dogecoin.  

Joe Stewart, director of malware research at Dell SecureWorks, noticed the malicious activity when he realized his personal virtual currency mining had been affected, according to a report by The Globe and Mail.

A total of 51 networks from 19 additional ISPs were hit in the attack that started in February and ended in May, according to researchers at SecureWorks. 

Share this article:
You must be a registered member of SC Magazine to post a comment.

Sign up to our newsletters

TOP COMMENTS

More in News

ISSA tackles workforce gap with career lifecycle program

ISSA tackles workforce gap with career lifecycle program ...

On Thursday, the group launched its Cybersecurity Career Lifecycle (CSCL) program.

Amplification DDoS attacks most popular, according to Symantec

Amplification DDoS attacks most popular, according to Symantec

The company noted in a whitepaper released on Tuesday that Domain Name Server amplification attacks have increased 183 percent between January and August.

Court shutters NY co. selling security software with "no value"

A federal court shut down Pairsys at the request of the Federal Trade Commission.