The Ponemon Institute estimates that on average, organizations of all types face a 26% probability of a data breach involving 10,000 or more lost or stolen records – and educational institutions are increasingly becoming targets.
In fact, the education vertical tied for 2nd place in Symantec’s 2016 Internet Security Threat Report for sub-sectors with the highest number of security breach incidents. This unfortunate state means that one out of every four schools – possibly more – will have at least one significant data breach while adding the costs of encryption-based prevention tactics can be a burden to an already strained budget, they’re a small fraction of the impact that a breach will have on your school. Are you financially prepared for that eventuality?