Image Mohamed Hassan from Pixabay.
October marks Cybersecurity Awareness Month, a nationwide initiative aimed at educating individuals and organizations about the importance of digital safety. This article is the second in a series to help our campus community protect themselves against cybercrime. One of the most disruptive cyberattacks uses ransomware.
Ransomware is a type of malicious software (malware) designed to encrypt a victim’s files, rendering them inaccessible. Once the files are locked, attackers demand a ransom – often in cryptocurrency – in exchange for a decryption key. These attacks can target anyone, from individuals to large corporations, and even critical infrastructure.
Beyond the financial cost of paying the ransom (which is guaranteed to never work), victims face downtime, data loss and reputational damage. In recent years, attackers have shifted tactics: instead of simply locking systems, they now demand multiple payments and steal the data to sell on the dark web.
According to Comparitech, the daily cost of a ransomware attack (not the ransom) in U.S. schools is approximately $550,000. In 2024, a report from Sophos found that the average ransom paid was $4.4 million, the average remediation costs were $4 million, and 41% of higher education institutions took more than a month to recover.
Like most cyber infections, ransomware typically infiltrates systems through:
Staying safe from ransomware requires vigilance and a few smart habits:
If you suspect you may be a victim of a ransomware attack, it’s crucial to act quickly and strategically. Take the device off the network, and contact the IT team. S&T’s IT professionals will help identify the issue and prevent it from spreading to the rest of our campus family.
Cybersecurity isn’t just an IT issue – it’s a shared responsibility. Whether you’re a student or staff or faculty member, understanding phishing and practicing safe online behavior protects your identity, finances and peace of mind. A single compromised account can give attackers access to an entire organization.
This Cybersecurity Awareness Month, take time to review your digital habits. A few proactive steps today can prevent costly mistakes tomorrow.
Need help? Visit it.mst.edu or email the IT Help Desk.