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.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
