60% of educational organizations hit by phishing attacks targeting cloud data, the highest result of all verticals analyzed
The majority of educational organizations experienced phishing attacks (60%) and account compromise (33%) in 2020. Phishing was the most common incident suffered by all verticals analyzed in the report, but the frequency of this type of attack in the educational sector was much higher than the average of 40%. Also, 27% of educational organizations experienced ransomware and 49% were unaware of the infection for days. Given the FBI’s recent warning about PYSA ransomware targeting schools in the US and UK, security pros in the education sector should be vigilant about this attack type.
The majority of respondents attribute their high level of vulnerability in the cloud to understaffed IT and security teams (53%), lack of expertise in cloud security (52%), and lack of budget (49%).
Other survey findings include:
- 48% of educational organizations store employee data in the cloud, and 30% store student data there.
- 93% needed days or weeks to discover accidental data leakage, and 33% needed weeks to recover from these types of incidents.
- Among institutions that had a data breach, 33% faced unforeseen costs to fix security gaps.
- 33% of respondents reported that their cybersecurity spending and priorities remained the same despite changes brought by the pandemic. 27% stayed within their existing budgets but changed their priorities.
Because educational institutions are understaffed and lack funding for sufficient training, the sector struggles to adequately respond to the ever-changing cyber threat landscape. With IT teams forced to be reactive instead of proactive towards security, the current wave of PYSA ransomware attacks can easily lead to breaches. To secure employee and student data within their unique financial constraints, these institutions need automated tools to locate sensitive data and speed detection of abnormal activity to ensure rapid response and mitigate security risks.
Ilia Sotnikov, VP of Product Management at Netwrix
The 2021 Netwrix Cloud Data Security Report is based on feedback from 937 IT professionals worldwide who use private and public cloud services to store their data. To get the complete findings, please visit: www.netwrix.com/2021_cloud_data_security_report.html
Netwrix makes data security easy thereby simplifying how professionals can control sensitive, regulated and business-critical data, regardless of where it resides. More than 11,500 organizations worldwide rely on Netwrix solutions to secure sensitive data, realize the full business value of enterprise content, pass compliance audits with less effort and expense, and increase the productivity of IT teams and knowledge workers.
Founded in 2006, Netwrix has earned more than 150 industry awards and been named to both the Inc. 5000 and Deloitte Technology Fast 500 lists of the fastest growing companies in the U.S.
For more information, visit www.netwrix.com.
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Erin Jones, Avista PR for Netwrix
Phone: 704 - 664 - 2170