Ransomware majorly impacts Education and Government sector: Bitsight
Ransomware majorly impacts Education and Government sector: Bitsight- According to a report of the BitSight, the highest rates of the ransomware can today be found in the education and government sector. This report looks on at how the ransomware is majorly impacting almost 20,000 companies in the six major industries, which includes finance, retail, healthcare, energy/utilities, government as well as education.
These findings depicts that the rates of the new ransomware strains, such as the Locky and the Cryptowall, has spear over the last few years, and many different industries are beginning to fall as the victim to these ransomware attacks.
Revelation by the report
The report also revealed that the educational institutions have around three times the rate of the ransomwares found in the healthcare and around ten times the rate found in the finance. Out of the six industries which have been examined, the government has the second-lowest security ratings with the second-highest rates of ransomware.
BitSight gives a rating score of security to each company and the industrial sector. Not surprisingly finance comes on top, and retail in the second place having improved its game since the report of 2014.
Education vs Ransomware
Though, education lags much behind the rest, its rating having been dropped to 15 points in the past few years. More than one of the ten organizations in the education system has been impacted by the Nymaim ransomware, while 34 different groups of government have been hit with the Locky, which was discovered eight months ago.
“Ransomware is a lawful threat, with estimates from the US Justice Department showing that over 4,000 such attacks have occurred every day ever since the beginning of 2016,” says Stephen Boyer, co-founder and CTO of BitSight.
“While several ransomware attacks on the healthcare companies made headlines this year, the issue became a more widespread one. Our reports show that the education sector is the one which is the most impacted group, followed by the government sector. Establishing email security protocols, monitoring the key third-party vendors, tracking the security ratings and avoiding the file sharing are all ways to mitigate risks involved with ransomware”, he added.