FixMeStick’s Weekly Cybersecurity Roundup: March 9th – March 15th

Hey there, FixMeFans and StartMeStars! We’re back with another edition of our weekly cybersecurity roundup where we deliver the most recent comings and goings of the cybersecurity world.

This week we’re coming to you with news regarding a ransomware attack that’s forcing college students to stay at home, how scammers are promoting fake cryptocurrency giveaways through Twitter ads, and how beer company Molson Coors Beverage Company has recently suffered a cyberattack.

cyberattacks causing a college to close its campus

Snow days forcing students to stay home is one thing, but cyberattacks causing a college to close its campus is definitely something you don’t hear very often. Recently, a UK college has closed its campus buildings due to ransomware attacks and has since advised students that all lessons and lectures will be taking place online.

South & City College, a college in Birmingham, confirmed that it suffered a massive ransomware attack which disabled several of its core IT systems. As IT specialists attempt to recover the systems, in-person classes have been suspended and students are back to online classes only a week after UK covid restrictions were lifted.

You can read more about the situation here!

Twitter cybersecurity

Recently, scammers have been using ‘Promoted’ tweets, also known as Twitter ads, to spread cryptocurrency giveaway scams. In these scams, hackers will typically hack into verified Twitter accounts to promote fake cryptocurrency giveaways, inevitably tricking victims into sending money under the pretense of a giveaway.

In the past, scammers have hacked into the Twitter accounts of well-known people or companies, such as Elon Musk, Tesla, Gemini Exchange, and, more recently, Chamath Palihapitiya and Social Capital. These scams have become increasingly successful online, with one round of scams generating over $580,000 in a single week.

Lately, cybersecurity researchers have seen a significant rise in hacked Twitter accounts promoting fake cryptocurrency giveaways. Similarly to previous giveaway scams, these promoted tweets prompt users to send cryptocurrency in order to get huge returns.

Curious? You can read more about the situation here.

Image of Coors beer.

In an unfortunate turn of events, iconic beer company Molson Coors Beverage Company has suffered a cyberattack causing significant disruption to their operations, including the production and shipment of beer.

The company, known for beer brands such as Coors Light, Miller Lite and Molson Canadian, announced that they experienced a systems outage caused by a cybersecurity incident. While the company is actively attempting to manage the incident, it has caused a significant delay in many of its daily operations.

Although multiple sources claim that the incident was caused by a ransomware attack, no further information has been provided regarding the nature of the attack. However, we do know that the company has since shut down its servers to prevent the spread of malware.

You can read more about the situation here!

That’s all for this week’s roundup folks! We hope you’re staying safe with all that’s going on, especially when it comes to your cybersecurity!