Exploit: Email spam.
Royal Grammar School (RGS): British independent school located in Newcastle.
Risk to Small Business: 2.111 = Severe:
In this incident, hackers attempted to scam parents of Newcastle students by asking them to pay school fees in bitcoin to receive a 25% discount. Since the attackers had access to the email addresses of parents, the Information Commissioner’s Office (ICO) is investigating to learn more and advising caution regarding future phishing attacks targeted towards schools.
Individual Risk: 2.428 = Severe: It is still unknown how hackers gained access to parents’ email addresses, which could put personal information at risk. However, it is unlikely that payment details were exposed.
Customers Impacted: To be determined.
How it Could Affect Your Customers’ Business: Multiple cybersecurity firms have issued recent warnings for cyber-attacks that are intended for the education sector. Hackers have zeroed in on such institutions because store valuable information and are protected by legacy systems that are easily compromised.