"The high-profile Colonial Pipeline breach that crippled gasoline distribution across the East Coast in May was only the most recent in a string of cyberattacks that have plagued organizations across industries for more than a decade. Ransomware attacks have shut down police departments, hospitals, mining companies, elementary and secondary schools, and even major research universities."—Source: EdTech Magazine
WHY THIS MATTERS:
With ransomware attacks on the rise in higher ed, institutions targeted by cybercriminals face a difficult decision — is it worth it to pay the ransom? Or is refusing to meet the demands a better course of action? While there is no clear answer in every scenario, this article breaks down the implications.