Privacy World’s Kristin Bryan recently caught up with finance industry resource CFO Dive on the Blackbaud Securities and Exchange Commission (SEC) settlement. The settlement, which stems from a 2020 ransomware attack that impacted more than 13,000 customers, offers public companies a warning for weak breach protocols as well as insight into the coming SEC cyber regulations.
The article “Lessons from SEC’s $3M Blackbaud cyber penalty” discusses a 2020 ransomware attack that impacted in excess of 13,000 Blackbaud customers and emphasizes the need for strict company protocols when responding to cybersecurity attacks.
Check out the full article here.