Anna C. Watterson and Sean B. Hoar write:
Higher education institutions are treasure troves for hackers. Colleges and universities are huge repositories of research data, sensitive information for large populations of applicants and enrolled students (personal, academic, financial and health data), as well as sensitive personal and tax information for all faculty and staff. Higher education information systems are particularly valuable targets for cyberattacks.
In the wake of a series of cyberattacks on several prominent colleges and universities, higher education institutions would be well-advised to review their current security posture, breach preparedness, and cyber insurance coverage.
Read more on DavisWrightTremaine Privacy & Security Law Blog.
And just imagine what might happen if the U.S. Education Department and/or the FTC actually did any enforcement on data security and privacy?