Tag: FTC orders Blackbaud

FTC orders Blackbaud to boost security after massive data breach
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FTC orders Blackbaud to boost security after massive data breach

Blackbaud has reached a settlement with the Federal Trade Commission following allegations of careless data retention policies and inadequate security, which resulted in a ransomware attack in May 2020 and a data breach impacting millions of individuals. Listed on the NASDAQ, Blackbaud is a multinational corporation headquartered in the United States that offers cloud-based donor data management software to nonprofits, including charities, schools, and medical facilities. According to the complaint, the business "failed to monitor attempts by hackers to breach its networks, segment data to prevent hackers from easily accessing its networks and databases, ensure data that is no longer needed is deleted, adequately implement multifactor authentication read more FTC orders Blackbaud to...