The L.A. school system reportedly has cyber insurance, but how much it will cover is unclear. The system had failed to address security deficiencies identified in 2020.
The range of costs for attacked school districts is illustrated by fall out from Baltimore’s school cyberattack.
“A 2020 attack on the Baltimore schools has resulted in more than $8 million in costs, including $900,000 for the repair of the student information system, $860,000 for investigation, $50,000 for public relations and $11,500 for ransomware negotiation services. Major problems persist with pension and health insurance payments for retirees. Some retirees were hit with collection notices for “underpaying” insurance premiums, one bill was for $20,000, even though they said they’d paid what the district required.”
Source: L.A. schools cyberattack woes, uncertainties could linger – Los Angeles Times