Data Security for Educational Institutions: Don’t Let a Data Breach Happen to You
It seems as another data breach is being reported every week, and this unfortunate trend is hitting academic institutions hard. Virtually every month, significant databases of staff, student, and recent graduate records are compromised. Names, birth dates, university IDs, and even social security numbers are often exposed, a veritable goldmine for those seeking to sell personal information on the black market.
After a data breach, academic institutions can do little more than apologize, offer credit monitoring to those affected, and attempt to bolster IT defenses to avoid any further security mishaps. The post-breach cleanup can be very costly for educational organizations. Beyond the quantifiable dollar cost, data breaches can severely damage credibility, as individuals weigh whether they wish to attend a university or school with a history of leaking sensitive information.
Don’t disregard the calculable bill either; according to a Ponemon Institute study, the average cost per lost record in the education sector is $111. Do some basic math on the size of a typical breach resulting in over 100,000 records lost, and you’ll get a sobering figure that helps illustrate the cost associated with a breach of the massive amount of records processed by these academic institutions.
Nobody wants to suffer through a data breach, so why do educational organizations so often find themselves in that position? Improving outdated security measures may cost time and funds, but as the old adage says, an ounce of prevention is worth a pound of cure. Academic institutions simply cannot afford to ignore weaknesses in their IT infrastructures.
Fortunately, the process of enhancing academic IT infrastructures with strong, efficient cryptographic devices does not have to be difficult. Futurex’s platform of advanced, hardened data security solutions provides a comprehensive suite of devices that form a robust core cryptographic infrastructure for educational organizations. Futurex devices are equipped to provide strong encryption and fraud prevention for all types of academic institutions, from district level schools to globally recognized universities.
The IT departments of academic organizations are faced with some unique challenges. Futurex is here to help those organizations secure the sensitive information of their students and faculty. Whether your educational institution needs to protect stored academic records, issue secure ID badges and prepaid cards, or authenticate valuable university research, the first step to avoiding a data breach can be as simple as contacting one of Futurex’s skilled and knowledgeable Solutions Architects. These CTGA-accredited Solutions Architects are ready to work with you through every step of updating your core cryptographic infrastructure, from analyzing your institution’s security needs to implementing your customized solution.
Interested in learning more about how Futurex can secure your academic organization’s IT infrastructure? Download our free whitepaper on solutions for educational institutions, or visit our website.