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ARTICLE · 29 JULY 2019

Ransomware Attacks: What Higher Education Institutions Need To Know

The latest university cyberattack has reignited the discussion of internet and data safety in higher education.

United StatesConsumer Protection

The latest university cyberattack has reignited the discussion of internet and data safety in higher education. Monroe College is the latest target, with many of its technology systems disabled and the hackers demanding around $2 million in Bitcoin to restore access. Schools must be aware of the prevalence of ransomware and should consider steps to mitigate their risk of attack.

Ransomware covers a broad range of attacks including malware or a virus that prevents users from accessing their systems or data until the hackers have been paid. This form of cyberattack has been on the rise in recent years and has increased by 195% from the fourth quarter of 2018 to the first quarter of 2019. A ransomware attack may not merely block access to files temporarily, it could cripple an organization’s operation, or even an entire city. In May of 2018, Atlanta city officials reported that its internal systems were being held hostage by ransomware, with the hackers demanding

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