Perspective from the trenches: I teach at a university that uses Canvas. We are in our final exams period right now. We got our first email (from Academic Affairs) notifying us that it was down at 5:17pm EDT this afternoon, with little info; followup emails were sent at 6:24 and 6:57 with more info, but mostly about how we would be compensating for it and not about what actually was going on (other than, "nationwide…
Backups are definitely helpful in ransomwares, but before systems can be restored and brought back online, victim organizations still need to assess the scope of the breach, find the initial access vector, identify compromised accounts, and evict the threat actor. That can take time.
As a parent of kids who are impacted by this, I’m not super concerned about the data being held for ransom, but I sure as fuck am concerned about how much it’s going to cost the district to move to another provider.