Blackbaud to Pay $3 Million Over 'Erroneous' Breach Details

After Ransomware Attack, Company Made 'Misleading Disclosures,' Regulator Finds
Fundraising and customer relationship management software provider Blackbaud has reached a $3 million settlement agreement with the Securities and Exchange Commission over allegations it made "misleading disclosures about a 2020 ransomware attack that impacted more than 13,000 customers."

attack blackbaud breach customer customer relationship management customers disclosures exchange management pay ransomware ransomware attack relationship securities and exchange commission settlement software