As higher education organizations are gearing up for a new wave of matriculating students this fall, they've got to deal with more than just scheduling and housing concerns. They've also got to figure out how to keep prying eyes from compromising those student's private information. Over the last several years, the education sector has been struggling to keep up with IT security protections, suffering a spate of embarrassing breaches that put student, faculty and staff information at risk for identity theft. Database security vendor AppSec Inc. recently released a report on the state of higher education data breaches. Here are the highlights.
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Since 2008, higher education institutions have been hit with 158 data breaches.
These institutions have been responsible for exposing over 2.3 million records.
Considering the current Ponemon Institute figures for the average cost of a data breach—$204 per record—these education breaches have totaled nearly half a billion dollars in costs for affected organizations.
In 2009 organizations experienced 57 reported data breaches.
Through July 2010 there have been 32 reported breaches at higher education institutions, putting 2010 on pace to break last year's figures.
Higher education ranks as the second-most prone vertical to data breaches (behind financials), making up 21 percent of all reported breaches.
Recent analyst reports show that only 50 U.S. universities plan to increase their IT security spending in 2010.
While database breaches account for 75 percent of total data breaches, less than four percent of education IT budgets are being spent on database security.
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