Instructure cyberattack reignites ransom payment debate | TechTarget
Following a massive cyberattack on its popular Canvas learning management system, education software provider Instructure said it had struck a deal with malicious hackers to recover its stolen data. Instructure did not disclose the terms of the deal, but experts say it likely included a significant ransomware payment, reigniting debate around paying cybercriminals to end attacks. While the FBI strongly discourages paying attackers, research from Absolute Security found that more than half of CISOs -- 58% -- would consider doing so.
What happened in the Canvas cyberattack
According to Instructure, threat actors broke into its systems on both April 29 and May 7, leading to an outage in the company's Canvas ed tech platform, which thousands of schools worldwide use to manage assignments, course materials, messages and grades. The attack caused widespread disruption and exposed users' personally identifiable information, including names, email addresses, student ID numbers and confidential messages...
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