Hackers demand $2 million from Monroe College in ransomware attack

Inside Higher Ed: A cyberattack disabled many of Monroe College’s technology systems and platforms last week. Students and faculty and staff members were locked out of the college’s website, learning management system and email, with hackers demanding payment of around $2 million in Bitcoin to restore access.

Marc Jerome, president of Monroe College, a for-profit institution in New York City, confirmed the cyberattack in a statement July 11. “Our team is working feverishly to bring everything back online, and we are working with the appropriate authorities to resolve the situation as quickly as possible,” he said.

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