Cyano = blue, also called blue green algae, but most species found in the aquarium are pinkish-red. Another common name for this nuisance algae is red-slime, because the algae cells form a carpet like mat with a slimy appearance. The mats come off easily by using a vacuum.
Cyanobacteria is a single celled algae and actually more a bacteria. This algae usually starts out on one spot (dark with low water flow) then vastly spreading throughout the tank. As all single celled algae can grow fast, this one is the fastest. In an optimal environment, this algae can double every 20 minutes.
The cause: high nutrients (nitrates) and bad lighting as well as a high organic content in the water.