New York-based Marymount Manhattan College has agreed to allocate $3.5 million toward cybersecurity measures over the next six years instead of paying a $1 million fine to the state of New York after a data breach two years ago, which compromised almost 200,000 individuals’ data, reports EdScoop. Aside from establishing an extensive information security program, Marymount Manhattan College would also use the investment to implement universal encryption of personal data and multi-factor authentication across its network.
Source: SC Magazine