Hackers are targeting universities and research institutes with ransomware, leaving staff and students without the ability to work.
For hackers, academic institutions are desirable targets for two reasons: some have deep pockets from which to pay a ransom, and they contain valuable data that can be sold such as employee records and intellectual property linked to cutting-edge research, says Harjinder Singh Lallie, a cybersecurity expert at the University of Warwick, UK. “This is why ransomware is such a good attack, because you’ve got two lines of potential monetization.”
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