
Parchment News
The Next 5 Years of Digital Credentialing
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As of September 2022, more than half of the 16 publicly reported and officially disclosed ransomware attacks involved public school systems, colleges, or municipal and county government agencies. This type of malicious software holds computer systems for ransom resulting in learning loss, data damage, and ransom payment.
The sharp surge in K-12 ransomware attacks is estimated to cost $3.56 billion. On average, affected schools lose over four days to downtime and spend approximately 30 days recovering from the attack.
On a year-over-year basis, the total volume of K-12 hostile online attacks has leveled off, but ransomware is seeing a sharp surge. So, why are our schools vulnerable to ransomware?
There’s good reason for K-12 CTOs to be on the alert about ransomware.
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has turned its attention to K-12 schools as “target-rich, resource-poor” targets for cybercriminals. Additionally, the FBI has issued several warnings about K-12 education cyber threats from gangs like ‘PYSA,’ ‘DoppelPaymer/Grief,’ and ‘Vice Society.’ Why are schools cybercrime targets?
Start your school district on a path to protect the privacy of your students, parents, and staff with the following ways to guard against ransomware.
Parchment tip: Partner with Parchment. Parchment’s information security management system is based on industry best practices ISO 27001, NIST CSF, and PCI DSS.
School districts are under increasing pressure to address security flaws and reduce the scourge of ransomware attacks. IT leaders can follow guidelines such as the K-12 NIST Cybersecurity Framework.
Parchment’s ongoing series for K-12 CTOs provides a quick review of school cybersecurity best practices.
Contact us to learn more. Parchment has built robust and transparent information security and compliance programs into our K-12 district records services as part of our ongoing commitment to putting our members and learners first.