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A comment on Illinois college, hit by ransomware attack, to shut down. Parent comment

Re:Illinois college, hit by ransomware attack, to shut down by jacquesm on Monday May 09, 2022 @04:54PM (#31319589)
I totally buy that it wasn't the only reason but it is a possibility that an already fragile institution would be brought down by such an attack, if not this one then some other one.

Some constructs are on the edge and kicking them may cause them to collapse. It probably will only change the timing but it is still the kick that is the first order cause of the collapse.

Plenty of institutions are being hit with a perfect storm, two years of COVID and associated rules probably didn't help either.

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Re:Illinois college, hit by ransomware attack, to shut down by etempleton on Monday May 09, 2022 @06:55PM (#31320957)
It was likely the final straw, but certainly if that is all it took for the institution to collapse they were going to fail soon regardless.

A college or three have failed every year for the past 5 years or so. There will be more until populations of college age students starts to grow again. Most small colleges are extremely vulnerable.

Size and endowments offers some protection to large and wealthy schools.

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