Incident Score: Analysis & Impact (INSPAR1778272297)
The details regarding individual company incidents & reports gives you full view from every side.
Rankiteo Score Impact Analysis
Key Highlights From The Incident Analysis
- Timeline of Instructure's Ransomware and lateral movement inside company's environment.
- Overview of affected data sets, including SSNs and PHI, and why they materially increase incident severity.
- How Rankiteo’s incident engine converts technical details into a normalized incident score.
- How this cyber incident impacts Instructure Rankiteo cyber scoring and cyber rating.
- Rankiteo’s MITRE ATT&CK correlation analysis for this incident, with associated confidence level.
Full Incident Analysis Transcript
In this Rankiteo incident briefing, we review the Instructure breach identified under incident ID INSPAR1778272297.
The analysis begins with a detailed overview of Instructure's information like the linkedin page: https://www.linkedin.com/company/instructure-inc-, the number of followers: 79694, the industry type: E-Learning Providers and the number of employees: 2172 employees
After the initial compromise, the video explains how Rankiteo's incident engine converts technical details into a normalized incident score. The incident score before the incident was 111 and after the incident was 100 with a difference of -11 which is could be a good indicator of the severity and impact of the incident.
In the next step of the video, we will analyze in more details the incident and the impact it had on Instructure and their customers.
On 09 May 2024, University of Minnesota disclosed Ransomware issues under the banner "Cyberattack on Canvas Platform Threatens Data of Millions of Students Nationwide".
The University of Minnesota (U of M) and nearly 8,000 other schools across the U.S.
The disruption is felt across the environment, affecting Canvas platform, Parchment transcript ordering service, and exposing Personal data of up to 270 million users, with nearly Up to 270 million users records at risk.
In response, teams activated the incident response plan, moved swiftly to contain the threat with measures like Temporarily shut down the Canvas platform, applied security patches, and began remediation that includes Applied security patches, and stakeholders are being briefed through Issued alerts to students and parents, confirmed outage on website.
The case underscores how Ongoing, with advisories going out to stakeholders covering Alerts issued to students and parents.
Finally, we try to match the incident with the MITRE ATT&CK framework to see if there is any correlation between the incident and the MITRE ATT&CK framework.
The MITRE ATT&CK framework is a knowledge base of techniques and sub-techniques that are used to describe the tactics and procedures of cyber adversaries. It is a powerful tool for understanding the threat landscape and for developing effective defense strategies.
MITRE ATT&CK® Correlation Analysis
Rankiteo's analysis has identified several MITRE ATT&CK tactics and techniques associated with this incident, each with varying levels of confidence based on available evidence. Under the Initial Access tactic, the analysis identified Exploit Public-Facing Application (T1190) with moderate to high confidence (70%), supported by evidence indicating cyberattack targeting Canvas, an educational software platform and External Remote Services (T1133) with moderate confidence (60%), supported by evidence indicating canvas platform used for assignments, exams, grades, and lecture materials. Under the Credential Access tactic, the analysis identified Steal Application Access Token (T1528) with moderate confidence (50%), supported by evidence indicating hackers allege they breached the system a second time after patches. Under the Collection tactic, the analysis identified Data from Local System (T1005) with moderate to high confidence (80%), supported by evidence indicating personal data of up to 270 million users threatened for release. Under the Exfiltration tactic, the analysis identified Exfiltration Over C2 Channel (T1041) with high confidence (90%), supported by evidence indicating hackers threaten to release personal data unless ransom is paid. Under the Impact tactic, the analysis identified Data Encrypted for Impact (T1486) with lower confidence (40%), supported by evidence indicating type such as Ransomware, though no explicit evidence of encryption and Defacement (T1491) with lower confidence (30%), supported by evidence indicating disrupted access to Canvas platform, temporary shutdown. Under the Defense Evasion tactic, the analysis identified Impair Defenses: Disable or Modify Tools (T1562.001) with moderate confidence (60%), supported by evidence indicating hackers breached system a second time after security patches applied. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.
Sources & References
- Instructure Rankiteo Cyber Incident Details: https://www.rankiteo.com/company/instructure-inc-/incident/INSPAR1778272297
- Instructure CyberSecurity Rating page: https://www.rankiteo.com/company/instructure-inc-
- Instructure Rankiteo Cyber Incident Blog Article: https://blog.rankiteo.com/inspar1778272297-instructure-parchment-ransomware-may-2025/
- Instructure CyberSecurity Score History: https://www.rankiteo.com/company/instructure-inc-/history
- Instructure CyberSecurity Incident Source: https://www.fox9.com/news/university-minnesota-hack-cyberattack-schools-may-8
- Rankiteo A.I CyberSecurity Rating methodology: https://www.rankiteo.com/Images/rankiteo_algo.pdf
- Rankiteo TPRM Scoring methodology: https://static.rankiteo.com/model/rankiteo_tprm_methodology.pdf