In higher education, Sophos said attackers lean more on weaknesses within institutions’ software, exploiting universities’ security infrastructure. Breaches linked to unpatched technology “penetrated establishments in 35 percent of attacks,” the report said.
“Median ransom demands in education fell sharply: From $3.85 million to $1.02 million in lower education, and from $3.55 million to $697,000 in higher education,” per the report.
Actual payments dropped even more steeply, and while costs remain substantial, Sophos’ data shows the overall ransom market in education is shrinking: “In lower education, payments dropped to $800,000 from $6.60 million, while higher education saw a decline from $4.41 million to $463,000.”
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