Higher education institutions have increased their cybersecurity budgets as more universities fall prey to cyber attacks, Moody’s Investor Service says in a report.
The bond ratings agency reports that higher education institutions allocating a portion of their budget to cybersecurity increased more than 70 percent from 2019 to 2023. Despite the new spending jump, universities still focus less on cyber spending than other institutions do.
Read more…
Source: Inside Higher Ed
Related:
- FBI Cyber Strategy
September 9, 2026
This Strategy sets the course for FBI Cyber Division to defend the American people and the nation’s critical infrastructure in cyberspace. It defines our priorities, objectives, and framework for countering malicious cyber activity directed at the United States. It guides how the FBI uses its unique combination of law enforcement, intelligence, and national security authorities ...
- More than 1 million users affected in Mathspace data breach across Australia and New Zealand
September 7, 2026
More than a million people, including students, school staff, and parents, have been affected following a data breach at Mathspace, according to the learning provider. The company said, in a blog post, “unauthorised parties had accessed an internal reporting system used by Mathspace” and the exposed information included names and email addresses. It said the attackers accessed ...
- PaperCut NG/MF Critical Zero-Day Exploited in the Wild
August 28, 2026
On August 27, 2026, PaperCut Software published an urgent security advisory stating that it is investigating active exploitation of a vulnerability affecting PaperCut NG and PaperCut MF. PaperCut has confirmed customer incidents and is treating the issue as a security emergency. At the initial time of disclosure, the vulnerability had not been assigned a CVE identifier, and ...
- China-Linked Hacking Group QTFY Targets Military and Critical Infrastructure with Malicious Distributed Systems
August 26, 2026
The Federal Bureau of Investigation, National Security Agency, and Cyber National Mission Force are releasing this joint cybersecurity advisory to alert organizations concerning China-linked cyber threat actors, who use the acronyms QTFY, QT, and QTCYBER for themselves and their tools and have developed malicious distributed platforms to compromise the networks of US and foreign organizations. ...
- An analysis of incidents at Brazilian educational institutions
August 3, 2026
Because of the amount of data that can be obtained and the high impact that successful attacks may have, educational institutions are frequent targets of cybercriminals. Both public and private schools and universities rely on software for managing personally identifiable information (PII) that is often insecure or insufficiently tested against known vulnerabilities. In addition, machines ...
- ShinyHunters: Cyber Criminal Group Attacks Learning Management System
May 15, 2026
The Federal Bureau of Investigation (FBI) is providing this Public Service Announcement (PSA) to warn of potential future impacts related to a cyber-attack that affected an online Learning Management System (LMS), resulting in an interruption of service to educational institutions and students across the country. The LMS platform is now fully operational. ShinyHunters (SH) — which ...