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Here’s why ransomware is a top threat to institutions

November 11, 2022

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High-profile ransomware attacks are dominating the news. From healthcare organizations to critical infrastructure, no sector is immune to cyberattacks seeking a huge payout with malicious ransomware.

This is especially true in higher education, which is the second most common target for ransomware attacks and security breaches. In 2020, 1,681 schools, colleges, and universities reported security incidents, and in 2021, 58 percent of educational institutions that had been hit by a cyberattack said the bad actors were successful in encrypting their data.

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