SEC charges Blackbaud for failing to disclose ‘full impact’ of ransomware attack

Software house Blackbaud has agreed to pay $3 million to settle charges related to a May 2020 ransomware attack that exposed customers’ bank account data, the U.S Security and Exchange Commission said on Thursday. The SEC charged Blackbaud, whose cloud software is used by colleges, universities, nonprofits and far-right organizations, for making “misleading disclosures” about […]

SEC charges Blackbaud for failing to disclose ‘full impact’ of ransomware attack by Carly Page originally published on TechCrunch

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