The article concerns the ransomware gang “Vice Society” and others known for attacking educational institutions.
“The amount of ransom demanded can range from the thousands of dollars to the millions, (Brett Callow, a threat analyst with the cybersecurity firm Emsisoft) said.
‘These groups have access to networks. They have looked at the organization’s financials, which may include its insurance policies. So they very often have a fair idea how much they may be able to extract,‘ Callow said.”
Source: Ransomware Gang Says It Leaked Data from Xavier University Students, Staff