In part two of our look into Cyber risks, we demystify and explain some of the terminology used when speaking about cyber security.
The trend for more frequent cyber attacks, with higher costs, continues. The top three threat action varieties in the case of breaches, according to Verizon’s 2019 Data Breach Investigations Report, are “Phishing”, use of stolen credentials, and “Backdoor” attacks – and for cyber attacks in the education sector, 80% were motivated by financial ends.
In fact, higher education institutions, in particular, are at risk. After several recent attacks on universities, research from Gallagher noted that “education is one of the top sectors at risk globally”. The research suggested that 76 universities globally suffered cyberattacks last year.
As the risk of cyber threats grows, it is crucial that institutions stay one step ahead. Read and share our cyber terms cheatsheet to ensure you both understand and can progress the process of protecting your institution from online risks. Download it here to share with colleagues, and read it below:
For more information on cyber risks, read our article on phishing and how to spot it.