Technology and education are now firmly intertwined. While innovative technology has been a longstanding feature at Universities, recent developments have now enabled even the smallest of primary schools to have tech firmly rooted in their daily lives. It is evident that technology certainly enhances the education sector, but with it brings several risks. Schools and education systems therefore need to take their responsibilities seriously to protect their reputation, their staff and their pupils from the increasing dangers of the digital world.
The education sector faces a complex threat landscape, with threat actors targeting establishments for a variety of reasons; whether this be a student seeking revenge on their school, a hacker looking for a challenge, or most terrifyingly seeking to gain access to a treasure trove of minors’ personal information. This information is gold dust to a hacker who can use it as ransom and/or sell it illegally on the dark web. The resulting educational disruption including the potential loss of saved work can also have detrimental effects on a student’s education, as well as reputational damage to the school, lost business income and legal and regulatory fines.
Unfortunately, stretched budgets are a fact of life in the education sector, and therefore cyber security in the past has not always been regarded as a high priority. With the newly implemented GDPR and the growing incidence of malicious attacks, the education sector must recognise that cyber attacks are a real threat and protectionist measures must be implemented and updated.
As evidenced in the above examples, cyber insurance can help schools to both mitigate the risk, and lessen the burden following an attack. When considering the extent of modern threats, it is essential that cyber insurance forms part of a school’s overall risk management. A cyber policy offers third and first party coverage, to ensure that the school is comprehensively protected. Additionally, all Safeonline Cyber policies include complementary pre and post breach services offered by CyberScout and can be tailor made to provide the best cyber solution to fit the differing requirements of the education sector.
If you would like to discuss please get in contact at Cyber@Safeonline.com