The Cost of Proactive vs. Reactive Data Security#Data
by Erin WerraRead time:
In August and September 2020, districts accounted for 57% of reported ransomware attacks. You know the threat is out there, but is your district prepared?
Costs of proactive securityNothing worth having is free. Create a strong plan when things are going well and you’ll be grateful if disaster strikes.
Security teamsBrilliant teams are run by people, not by machines. Salary, training, and planning fall under this category.
Has your security team grown in proportion with ransomware risks? According to CoSN’s 2020 EdTech Leadership survey, 69% of districts say they are proactive or very proactive—but less than 20% of respondents had a dedicated full-time employee responsible for cybersecurity. 46% listed it as a shared responsibility, 30% “part of the job,” and 10% ad-hoc. This means an overwhelming majority of school districts run the risk of cybersecurity missteps or passing the buck.
One study by ISC2, a professional IT organization, shows over 4 million cybersecurity jobs are unfilled worldwide. Not only is this a potential blind spot, but it’s an opportunity for students pursuing STEM and computer science fields.
Backup servicesKnow your data recovery options. Data hosting services may offer multiple options for backup and recovery, but multiple data centers should be a priority. Whether hosting offsite or in person, frequent backups are crucial.
Single sign-onHumans creating passwords is one of the weakest points of any network. Single sign-on uses multiple strategies to strengthen security, as well as makes logging on to the many, many different edtech solutions any given district relies on much easier.
Training programsConstant vigilance is easier when training prompts frequent reminders. Your team members all possess wildly different levels of tech savviness—even the most grizzled veterans of the computer sciences benefit from security training updates. Security training creates a unified set of standards for everyone to follow and may even give you a baseline set of data, so you know where to add training.
Crisis communication templatesHope for the best, prepare for the worst, and create templates when the worst is yet to come. Readers will appreciate calm, collected communication more than a slapdash letter in the event of a data breach.
A plan for recoveryWhat will you do in the event of a breach? If you’re deciding under pressure, you run the risk of missteps. Businesses that have reported taking some time to analyze the data breach saved nearly $100 per record.
Cost of reactive securityNow let’s imagine none of the previous planning has taken place. What’s at risk? Besides the possibility of losing access to systems, revealing personal identifiable information, and community backlash, let’s explore the costs of reacting instead of planning.
RansomWhile the FBI does not recommend paying ransom, some organizations have done it. Ransom prices have increased as time goes on, and different hackers demand various prices—ranging from $10,000 to hundreds of thousands of dollars.
Reactive recovery timeTeams put off or avoid planning for a data breach because they’re busy. Think of it this way: in the event of a breach, there’s no choice but to react, and react quickly. Those reactions are not going to be as careful, thorough, or effective, but they will be much more expensive. Systems paralyzed by a data breach may cause downtime that stretches on for days, leading to huge enforced downtime costs—up to 20 times higher than average ransom requests.
Identity monitoringOrganizations may choose to offer their employees credit or identity theft monitoring services post-breach. Typical costs range from $10–30 per person affected. Multiplied by the number of individual records and a school district’s long-term records retention, the number can skyrocket.
ReputationYou work hard to earn and keep your community’s trust. Hackers may have tricks to circumvent safeguards, but with thorough and proactive planning they won’t undo this precious work. Your district’s reputation extends to include families’ trust. Your reputation helps retain phenomenal employees, attracts the next round of amazing talent, and builds a strong school culture.
Legal settlements and finesViolations of privacy laws like FERPA carry their own legal costs that suck precious dollars out of your budget fast. It’s not worth it, when you can instead devote some time and energy to a proactive cybersecurity plan.
Your district’s data is worth the effort.
Follow-up resource: This culture shift can protect your districtDitch passwords and embrace passphrases. Here's why it works.
|Erin Werra Edtech Thought Leader|