80 % of education providers hit with ransomware last year , Biden administration responds
A kicks off , schools across the globe are facing an escalating cybersecurity crisis , the Atlas VPN team reports .
Integrity360 invests € 8 million in new Security Operations Centre and creates 200 jobs
I cybersecurity specialists , has announced that it has invested € 8 million in its new Security Operations Centre ( SOC ) facility in Dublin .
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80 % of education providers hit with ransomware last year , Biden administration responds
s the 2023 academic year
A kicks off , schools across the globe are facing an escalating cybersecurity crisis , the Atlas VPN team reports .
Data shows the education sector is the most targeted industry by cybercriminals , primarily motivated by the high percentage of schools choosing to pay the ransom .
A recent Sophos survey of 3,000 IT and cybersecurity leaders across 14 countries , including 400 from the education sector , conducted in January-March 2023 , reveals that 80 % of lower education providers and 79 % of higher education institutions reported ransomware attacks in the last year .
Construction ( 71 %), the federal government ( 70 %) and media & entertainment ( 70 %) are also within the top five most targeted industries by ransomware attacks , but at a notably lower rate than educational establishments .
The survey identifies compromised credentials and exploited vulnerabilities as the top root causes of ransomware attacks in education .
In lower education , 36 % of attacks originated from compromised credentials , while in higher education , 40 % were due to exploited vulnerabilities .
These figures indicate a need for robust cybersecurity measures and employee training in educational institutions .
The mean cost to recover from ransomware attacks across all sectors is estimated at US $ 1.82 million , an increase from the US $ 1.4 million in 2022 .
In lower education , the recovery costs have remained steady at around US $ 1.59 million in 2023 and 2022 .
Recovery costs in higher education have decreased significantly from the US $ 1.42 million reported last year to just over US $ 1 million in 2023 .
Meanwhile , On August 7 , 2023 , the Biden- Harris Administration released a statement outlining new efforts to strengthen America ’ s K-12 schools ’ cybersecurity .
The new initiatives aim to provide up to US $ 200 million over three years to bolster cyber defences in K-12 schools .
Integrity360 invests € 8 million in new Security Operations Centre and creates 200 jobs
ntegrity360 , one of the leading pan-European
I cybersecurity specialists , has announced that it has invested € 8 million in its new Security Operations Centre ( SOC ) facility in Dublin .
Based in the high-tech , fully secure Termini building in Sandyford , the new facility spans 16,000 square feet and comprises the SOC and seven customer suites , as well as a training and innovation centre . It is also equipped with stateof-the-art technologies and infrastructure , along with modern collaboration areas , workspaces and meeting rooms .
The purpose-built facility will expand the company ’ s pan- European network of SOCs located in Sofia , Stockholm and Naples . It will enable it to drive further business growth and client success in both Ireland and further afield through cutting-edge solutions and services – including Managed Detection and Response ( MDR ), Endpoint Detection and Response ( EDR ) and Extended Detection and Response ( XDR ) solutions , all of which provide for the monitoring and management of customer IT networks on a 24 / 7 basis for potential cyberattacks and threats .
Furthermore , the Sandyford facility will be the group ’ s largest SOC utilising the latest technology and secure biometrics systems . Integrity360 currently has offices in the UK , Bulgaria , Italy , Sweden , Spain , Lithuania and Ukraine and serves approximately 2,000 customers across the continent . With the addition of the new SOC and as part of its growth plans , the company is also set to create approximately 200 jobs across the group over the next three years . The majority of these roles will be for cybersecurity consultants , analysts and architects . Currently , Integrity360 employs circa 500 across the group . www . intelligentciso . com
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