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The New Threat on Campus: Ransomware Locks Down Education

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Educational organizations are quickly becoming frequent victims of ransomware. Several factors make education a top target for cybercriminals. Find out why (and how to respond) in this SlideShare.

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The New Threat on Campus: Ransomware Locks Down Education

  1. 1. RANSOMWARE LOCKS DOWN EDUCATION The new threat on campus:
  2. 2. in ransom payments in 2016 $1B 1,425% ROI Sources: FBI, TrustWave RANSOMWARE IS A BOOMING BUSINESS
  3. 3. Sophisticated Black Market Cheap Exploit Kits Ransom-as-a-Service (RaaS) IT’S ONLY GETTING WORSE Sources: FBI, TrustWave
  4. 4. Tuesday, January 17. 2017 Hollywood, California METRO NEWS HOLLYWOOD PRESBYTERIAN HOSPITAL PAYS $17,000 RANSOM HEALTHCARE HACKS MAKE HEADLINES Source: Bitsight 4X MORE LIKELY BUT EDUCATIONAL INSTITUTIONS ARE ALMOST TO GET HIT WITH RANSOMWARE
  5. 5. EDUCATION Source: Bitsight IS NOW THE FOR RANSOMWARE TOP TARGET
  6. 6. 1. DECENTRALIZED IT 3 Reasons Why Education is So Vulnerable DIFFERENT DEPARTMENTS— DIFFERENT TECH
  7. 7. INCONSISTENCIES CREATE HOLES RANSOMWARE FINDS THE VULNERABILITIES
  8. 8. SPEAR PHISHING MADE EASY “Higher education institutions have become particularly vulnerable to ‘spear phishing.’” – 2016 Beazley Breach Insights Report INBOX SEARCH CONTACTS SETTINGS SUBJECT: URGENT To: All Departments From: The Dean Please review the attached document immediately. 12/12/2016
  9. 9. 2. ONCE RANSOMWARE HITS, IT SPREADS EASILY 3 Reasons Why Education is So Vulnerable
  10. 10. COLLABORATIVE CULTURE “The relatively open nature of campus IT systems… and a lack of restrictive controls…make higher education institutions particularly vulnerable to breaches.” - Beazley Breach Insights
  11. 11. FILE SYNC SHARE SPREADS THE INFECTION
  12. 12. 3. USERS HOLD VALUABLE DATA 3 Reasons Why Education is So Vulnerable Security policy can’t fix unpredictable users
  13. 13. EDUCATION HAS ALL THE TRADITIONAL TARGETS Student Records Financial Data Proprietary Research
  14. 14. THE BIG TARGET: INTELLECTUAL PROPERTY (IP) THE IDEAS THAT DRIVE EDUCATION RESEARCH
  15. 15. RANSOMWARE + USER ERROR “A developer was infected by ransomware just as she was completing a major project, and she hadn’t backed up her work to the server. She thought her work was lost and would surely have to pay, but with Code42 CrashPlan, we were able to get her data back.” — Diana Williams, Sr. Systems Administrator, University of Georgia, Code42 CrashPlan user A Costly Combo
  16. 16. IDEAS AREN’T CREATED ON SERVERS INTELLECTUAL PROPERTY LIVES ON DEVICES
  17. 17. ENDPOINT DATA: A MAJOR BLIND SPOT What data lives on the devices? Is that data backed up?
  18. 18. LEGACY BACKUP RESTORE CAN’T BE TRUSTED User-dependent Backups Infrequent Backups File Size Limitations Unreliable Restores
  19. 19. SYNC SHARE ­≠­BACKUP + + =Incomplete Data Repositories Synced Encryption Limited Versioning End User Data Loss
  20. 20. 1. COMPREHENSIVE DATA BACKUP Never lose your data. Never pay the ransom. 2. UNLIMITED FILE VERSIONING Make a clean point-in-time restore. 3. USER PROFILE BACKUP Restore user settings and get users back to work. 4. SELF-SERVICE RESTORES Reduce IT costs and minimize downtime. 4 Steps to Ransomware Preparedness
  21. 21. THE BIG PICTURE: PLUGGING HOLES WITH CENTRALIZED DATA SECURITY
  22. 22. BENEFITS OF A CENTRAL DATA SECURITY POSTURE • Eliminate gaps and blind spots • Enable complete visibility • Ensure comprehensive backup • Respond and recover faster
  23. 23. WHY CODE42? DON’T TAKE OUR WORD FOR IT 7 Only enterprise backup provider trusted by Internet2 consortium Ivy league schools trust Code42 to secure their data of8
  24. 24. ARE YOU PREPARED FOR RANSOMWARE? LET’S TALK. code42.com/contact

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