(from Deloitte Insights) Ransomware attacks. Breaches compromising the personal data of students, faculty and staff. Denial-of-service attacks that render learning-management and other systems unavailable at critical times. These and other cybersecurity threats pose an increasingly common business risk to educational institutions, which are attractive targets because they have a wide variety of sensitive and potentially lucrative information and tend to have an "open-access culture."
"Increasing executive- and board-level fluency in cyber issues is part and parcel of responsibly overseeing and governing an institution, given the reality of today’s growing cyber threats. Developing such fluency often requires getting the structural alignment in place (to the extent it’s not already there), reframing the issue as one of enterprise risk management, and developing institutional resiliency so that colleges and universities are in a position to bounce back quickly if an incident occurs."
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