The days of higher ed students standing in long lines waiting to receive academic records may soon come to an end. The use of blockchain in higher education completely reshapes the process for students to receive and share their documents with individuals and organizations of their choosing. Blockchain has the potential to put an end to tedious prehistoric processes and transform them into ones where students no longer need to leave home to view their academic records.
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In 2020, just as the coronavirus pandemic began, cybercriminals turned their focus to higher education and started targeting colleges and universities like never before. The number of ransomware attacks increased exponentially. A few years ago, in 2018, the average ransomware demand was under $10,000, and the number of ransomware attacks was relatively low.
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Last year, cyber criminals honed in on colleges and universities drastically increasing the number of ransomware attacks. In 2018, the average ransomware demand was less than $10,000. Fast forward to the present time and the demands are well into the millions.
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