As ransomware evolves, education edges healthcare as biggest target, says new report
A recent report from BitSight found that the education industry is the most attacked by ransomware, with 13% of organizations in the industry being hacked. Government agencies followed closely behind with 6%, while healthcare came in third with 3.5%. The financial sector had the lowest risk at 1.5%. Ransomware attacks have increased in every industry, with the availability of ransomware software contributing to the rise in attacks. The education industry saw its security rating drop by 15% due to small budgets and IT teams making it difficult to defend against these attacks. Many academic institutions pay the ransom to avoid regulatory issues.