Blackbaud Will Pay $3 Million For Misleading Ransomware Disclosure

To settle their charges, Blackbaud has agreed to pay $3 million. The Securities and Exchange Commission (SEC) accused Blackbaud of failing to fully disclose the effects of a 2020 ransomware assault that affected more than 13,000 customers.  Many organizations, including those from the United States, The Netherlands, Canada, and the United Kingdom, are among those affected […]

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