According to Ponemon’s 2017 Cost of Data Breach Study , the average cost per compromised record is estimated to be $245. Across the USA, Europe and Asia, there was an increase in the number of attacks targeting the education and research sector in recent months. Universities are a frequent target for cyberattacks because of the sensitive data their IT systems often house combined with the vulnerabilities that come with an open-access culture. In higher education, phishing emails and ransomware remain the top threats. Tweet. Cyber attacks can cost a higher education institution dearly. Below are three methods for safeguarding student information as recommended by EdTech magazine. 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. Unauthorized disclosure of information can cause irreparable damage to a university’s reputation. Earlier this month, Penn State University was forced to completely disconnect a portion of its network from the Internet in response to multiple cyber attacks. By Wade Williamson on May 29, 2015 . How to Combat Cyber Attacks in Higher Education. The latest university cyberattack has reignited the discussion of internet and data safety in higher education. The education industry has been ranked the worst in cybersecurity out of 17 major industries. The formal term is minimization. Higher Education Crams for Cyber Security. NetWalker strikes again. Not all information needs to be stored. University Challenge: Cyber Attacks in Higher Education Foreword Today data is widely regarded as one of the most valuable assets any business can have; most understand it has to be fiercely guarded from competitors and other parties unauthorised to access it. Yet with recent high profile data breaches highlighting how frequent and 5. Firstly, students at Lancaster University fell victim to a phishing attack, with fraudulent invoices sent to a number of students who had applied to join the university. Recent cyber attacks Recent cyber attacks prove that even the most sophisticated computer systems—like those of major banks, the government, and top retailers—are not impenetrable. NetWalker continued its attacks against higher education when two more colleges were revealed in June to have been victims of the ransomware. Analysis published last week by SecurityScorecard, a New York City-based IT security company, reveals an incredible risk to students considering the sheer amount of personal data amassed on school networks. Not for higher education: cybercriminals target academic & research institutions across the world. Higher education institutions are, unfortunately, no exception. 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