A US college is shutting down for good following a ransomware attack | Engadget

Lincoln College says it will close this week in the wake of a ransomware attack that took months to resolve. While the impact of COVID-19 severely impacted activities such as recruitment and fundraising, the cyberattack seems to have been the tipping point for the Illinois institution.

The college has informed the Illinois Department of Higher Education and Higher Learning Commission that it will permanently close as of May 13th. As NBC News notes, it's the first US college or university to shut down in part because of a ransomware attack.

Lincoln says it had "record-breaking student enrollment" in fall 2019. However, the pandemic caused a sizable fall in enrollment with some students opting to defer college or take a leave of absence. The college — one of only a few rural schools to qualify as a predominantly Black institution under the Department of Education — said those affected its financial standing.