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5 Ransomware Questions Board Members Should Be Asking
Posted by Ray Gandy on Fri, Sep 17, 2021 @ 11:41 AM

Ransomware has quickly become a rising threat across all industry lines. Recent research suggests these attacks have surged by 150% in the past year alone, with the average victim payment increasing by over 300%.

These cyber risk advancements reinforce the need for board members to be actively involved in all cybersecurity development and promotion. Review the following questions we recommend board members address as they establish a culture of cybersecurity preparedness.

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Topics: not-for-profit, NFP, board members, cybersecurity, software, cyber attacks, Ray Gandy, cyber security, data privacy, information security, supply chain, shareholders, data encryption, ransomware, penetration testing, hackers

Supply Chain Attacks: How Can You Protect Your Organization?
Posted by Ray Gandy on Fri, Aug 27, 2021 @ 03:04 PM

Supply chain attacks are quickly becoming a leading threat to many industries. Recent headlines of data breaches and the increasing sophistication in cyber-attacks are not only worrisome but downright frightening. Unfortunately, the problem isn't going away. In today's digital world, the use of third-party services is here to stay, as it allows organizations to remain efficient and cut costs. But with those contracts comes a fragile price: access to your organization's private data.

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Topics: not-for-profit, NFP, cybersecurity, software, cyber attacks, Ray Gandy, cyber security, supply chain, third-party, CISA

The Higher Education Sector Is in the Crosshairs of Cyber Criminals
Posted by Ray Gandy on Thu, Jul 29, 2021 @ 12:00 PM

Higher Education continues to be an attractive target for cyber criminals. In July 2020, Comparitech reported that 1,327 data breaches in the education sector had resulted in the exposure of 24.5 million records since 2005. Higher education accounted for three-quarters of those breaches. Why not, with the gold mine of data that pays the bills for cybercrime, including students, families, employees, faculty, partners and donors’ information?

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Topics: enterprise risk management, Chief Financial Officers, CFO, NFP, board members, cybersecurity, cyber risk assessment, nonprofit, Nonprofit Board, cyber attacks, Ray Gandy, risk assessment, higher education, NIST

As COVID-19 Vaccine Research Advances, So Do Cyber Threats from China
Posted by Kyle Konopasek on Mon, Aug 3, 2020 @ 01:15 PM

Healthcare entities that are conducting research related to COVID-19 treatment should note that U.S. intelligence officials have detected possible interference from foreign actors. The Federal Bureau of Investigation (FBI) reported in early July that it detected threats from China related to U.S. COVID-19 treatment and intellectual property.

.In an interview with the Washington Post, FBI Director Christopher Wray indicated that Chinese cyber actors have attempted to steal intellectual property, public health records, and information about vaccines, treatments, and testing from U.S. medical facilities, biotech labs, and academic institutions to send to the Chinese government.

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Topics: internal control, not-for-profit, NFP, cybersecurity, cyber risk assessment, cyber risks, cyber attacks, data attacks, data privacy, COVID-19, FBI

5 Things Board Members Need to Know About Their Organization’s Cybersecurity Strategy
Posted by Ray Gandy on Tue, Sep 24, 2019 @ 07:42 AM

Cyber criminals have gotten wise to the fact that not-for-profits sit on a relative goldmine of sensitive data, including employee health information, Social Security numbers, donor information, and billing information.

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Topics: not-for-profit, NFP, cybersecurity, cyber attacks, Ray Gandy, cyber security, Donor Information

A Cybersecurity Primer for Not-For-Profit Organizations
Posted by Michelle White on Tue, Jun 26, 2018 @ 03:49 PM

From large organizations to small local associations, cybersecurity is a concern for everyone in the not-for-profit sphere. Yet, because it can often feel like a foreign subject, many organizations aren’t comfortable even describing what cybersecurity is and what it means for their day-to-day operations, which typically means organizations may not be doing what they need to mitigate the associated risks.

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Topics: not-for-profit, NFP, cyber attacks, cyber security, Michelle White

Cybersecurity Risks in the Season of Giving
Posted by Ray Gandy on Wed, Dec 20, 2017 @ 01:53 PM

December is a giving time of year, and not-for-profit organizations may be on the receiving end of some financial gifts. Individuals and businesses have strong tax incentives to make charitable contributions before the calendar year wraps up, and as a result, donations may be flooding in. 

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Topics: not-for-profit, NFP, cyber attacks, Ray Gandy, cyber security, Holiday cyber risks

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