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Ransomware: Sharp rise in attacks against universities as learning goes online

February 23, 2021

Via: ZDnet
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The number of ransomware attacks targeting universities has doubled over the past year and the cost of ransomware demands is going up as information security teams struggle to fight off cyberattacks.

Analysis of ransomware campaigns against higher education found that attacks against universities during 2020 were up 100 percent compared to 2019, and that the average ransom demand now stands at $447,000.

The sharp rise in the number of ransomware attacks, combined with the six-figure sums ransomware gangs demand in exchange for the decryption key means ransomware represents the number one cybersecurity threat for universities, according to the research by tech company BlueVoyant.

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