Instructure Reaches Deal With Hackers to Return Canvas User Data

Instructure said it reached an agreement with hackers after a breach that disrupted universities’ online coursework and testing on its Canvas platform. The attackers returned stolen data and pledged not to extort customers, reducing the risk of further damage, but the incident underscores cybersecurity and reputational risk for the education software provider.

Analysis

Instructure said it reached an agreement with hackers after a breach that disrupted universities’ online coursework and testing on its Canvas platform. The attackers returned stolen data and pledged not to extort customers, reducing the risk of further damage, but the incident underscores cybersecurity and reputational risk for the education software provider.