Category: IT Computer

A Canadian mining company has acknowledged being hit with a ransomware attack shortly after concluding a deal worth $230 million for the sale of an exploration site in Australia.

Vancouver-based Copper Mountain Mining Corp. said Thursday its IT systems suffered a ransomware attack on December 27th.

That was 12 days after announcing the sale of its Eva Copper Project and its 2,100 km² exploration land package in Queensland, Australia.

The combined cash and considerations value of the deal was initially announced as a total of US$149 million. Three days later that was amended to US$250 million. That included US$129 million (net of withholding taxes) and gross upfront cash consideration of US$60 million, which depends on the discovery of new ore deposits.

It isn’t known if the cyber attack was related to the announcement.

In October, the world’s second-largest copper producer, German-based Aurubis, suffered a cyber attack. “This was apparently

Merriam-Webster defines an influencer as someone who inspires or guides the actions of others, and throughout this year, we have covered a multitude of them on IT World Canada, IT Business, Channel Daily News and Direction Informatique.

One of the joys of being a journalist is the opportunity to speak with and write about these interesting and inspiring people. We asked the writers who produce the content for all four of our sites to each choose a couple of folks who are having an impact on the Canadian tech world. It was hard to select just a few, but here are their picks, in alphabetical order.

Jim Balsillie – co-founder of BlackBerry (formerly Research in Motion): Among his many projects since having retired as co-CEO of BlackBerry, Balsillie has devoted a great deal of time and energy to one that may never be a household

To begin, the Apple Shopping Event is still going strong and will be going right up until Cyber Monday. Specials are still being offered at big shops like Amazon and Walmart. The fact that Apple is selling so many gadgets from previous generations makes the Cyber Monday sales it is offering this year particularly noteworthy.

Cyber Monday Deal at Apple

In addition to the two new iPhone 14 models that were released in September, we also saw new releases in the Air Pods Pro 2nd Generation, the Apple Watch Series 8, and the Apple Watch Ultra. Because of these new releases, a large number of older Apple Watch and Air Pods models are currently being discounted to levels. That have never been seen before. Consider for instance this unbelievable offer on the Air Pods Pro 1st Generation, which can be purchased at Walmart for the price of $159 right now.

Business and personal users of the LassPass password management solution are being warned to take defensive action after the company acknowledged customer information and encrypted data they had stored in the service’s digital vault were copied by a hacker in a supply chain attack.

“Users should beware of sophisticated phishing attacks aimed at stealing their master password,” said  Mike Walters, vice-president of vulnerability and threat research at Action1, a provider of patch management solutions. “An attacker can pretend to be LastPass, regulatory authorities, and other organizations and trick users into sharing their credentials. Remember, modern phishing can go beyond average emails and combine different communication channels, such as phone calls, SMS, messengers, and others.

“I recommend that all users change their master passwords and enforce password security best practices. It includes creating a strong master password at least 30 characters long, re-encrypting the password vault, and enabling multi-factor authentication