Chinese Cyber Attacks Cost American Universities Billions

Chinese Cyber Attacks Cost American Universities Billions

Chinese Cyber Attacks Cost American Universities BillionsImagine logging in to update your computer’s security system only to discover that you receive approximately 100,000 attempted cyber attacks per day…mostly from China. This is exactly what happened to the University of Wisconsin’s Associate Dean, Bill Mellon.

“We get 90,000 to 100,000 attempts per day from China alone to penetrate our system. There are also a lot from Russia and recently a lot from Vietnam, but it’s primarily China,” Mellon told the New York Times.

Unfortunately, the University of Wisconsin incident is not in isolation as other American universities are being forced to spend millions of dollars to guard against cyber attacks. But, who is really paying the price?

I’d have to say the students because not only will this probably increase tuition rates, but it also interferes with the educational process, as most universities have open networks in which to share ideas, promoting a culture of openness.

Cyber attackers, with their horrific cyber attacks, prey on network vulnerabilities in an effort to steal sensitive information, with government and military systems being targeted for quite some time. However, attacks on universities, especially research universities are gaining traction as hackers are seeing the value in less-guarded targets of rich intellectual property that could prove valuable in the future.

According to James A. Lewis with the Center for Strategic and International Studies, “There are some countries, including China where the minute you connect to a network, everything will be copied, or something will be planted on your computer in hopes that you’ll take that computer back home and connect to your home network, and then they’re [cyber attackers] are in there.”

No wonder many universities require students and professors, who travel abroad, to have their computers scrubbed before returning to campus!

And, personally, I wonder if the Department of Homeland Security will begin asking internet service providers to begin blocking IP addresses of suspected hackers in academic settings?

I guess only time will tell.

Source: http://www.theverge.com/2013/7/17/4531380/colleges-universities-hackers-china-security

About the Author

Ginger Hill is Group Social Media Manager.

Featured

  • UL Solutions Launches Artificial Intelligence Safety Certification Services

    UL Solutions Inc., a global leader in safety science, today announced the launch of artificial intelligence (AI) safety certification services, enabling comprehensive assessments for evaluating the safety of AI-powered products. Read Now

  • ESA Announces Initiative to Introduce the SECURE Act in State Legislatures

    The Electronic Security Association (ESA), the national voice for the electronic security and life safety industry, has announced plans to introduce the SECURE Act in state legislatures across the country beginning in 2025. The proposal, known as Safeguarding Election Candidates Using Reasonable Expenditures, provides a clear framework that allows candidates and elected officials to use campaign funds for professional security services. Read Now

    • Guard Services
  • Ransomware Attacks Rise for the First Time in Six Months

    Ransomware attacks have risen for the first time in six months, increasing by 28% month-on-month to 421 attacks. While overall attack volume remained below 500, the uptick may signal a renewed escalation heading into the year’s most active period for cyber criminals. Read Now

  • Report: 47 Percent of Security Service Providers Are Not Yet Using AI or Automation Tools

    Trackforce, a provider of security workforce management platforms, today announced the launch of its 2025 Physical Security Operations Benchmark Report, an industry-first study that benchmarks both private security service providers and corporate security teams side by side. Based on a survey of over 300 security professionals across the globe, the report provides a comprehensive look at the state of physical security operations. Read Now

    • Guard Services
  • Identity Governance at the Crossroads of Complexity and Scale

    Modern enterprises are grappling with an increasing number of identities, both human and machine, across an ever-growing number of systems. They must also deal with increased operational demands, including faster onboarding, more scalable models, and tighter security enforcement. Navigating these ever-growing challenges with speed and accuracy requires a new approach to identity governance that is built for the future enterprise. Read Now

New Products

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.