Education Sector Hit Hardest with Ransomware Attacks

Robinson+Cole Data Privacy + Security Insider

A new report issued by Sophos, The State of Ransomware in Education 2021, found that the education sector as a whole experienced a higher level of ransomware attacks than any other industry in 2020.

Sophos interviewed 499 IT “decision makers” in 30 countries in January and February of 2020.

The findings in the education sector showed that 44 percent of those organizations surveyed were hit by ransomware in the last year, 58 percent said the criminals succeeded in encrypting the data, 35 percent paid the ransom (the average of which was $112,435), and those who paid were returned only 68 percent of their data.

According to Sophos, the education sector experienced the highest level of ransomware attacks and was tied with retail. The education sector also had the highest recovery cost from a ransomware attack, $2.73 million, “the highest by far of all sectors and 48% above the global average.”

Sophos suggests that “education organizations should prioritize strengthening their defenses against ransomware. Investing in modern infrastructure, together with cybersecurity technology and skills, will considerably reduce both the overall cost and impact of ransomware.”

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Robinson+Cole Data Privacy + Security Insider | Attorney Advertising

Written by:

Robinson+Cole Data Privacy + Security Insider

Robinson+Cole Data Privacy + Security Insider on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.