Cybersecurity and nonprofits: Time to button up!

If you were to look up the biggest data breaches over the last 10 years, you would find a gathering of some of the largest companies in the world, many of which are familiar to the average person.  While any significant loss of data or large security breach of one of these companies is likely to make headlines, nonprofit organizations and their leaders should be on high alert when it comes cybersecurity within their organization.

While one might assume that hackers and those trying to breach the virtual walls of security to organizations might tend to go after the large, public companies due to their ‘deeper pockets’, statistics show that nonprofit organizations, particularly those in healthcare, are just as likely to be targeted.  Hackers tend to assume that smaller, nonprofit organizations have less sophisticated security systems that make their data and underlying records more susceptible to breaching and corruption.

With this in mind, those charged with governance within nonprofit organizations should recognize that while they may not have the excessive amounts of cash and funds that a large, for-profit corporation may have on hand, their entity can house a significant amount of sensitive data.  Any breach or compromising of such data could be potentially disastrous for the organization and its future.

If you have any questions on your company’s cybersecurity, our technology services group is here to help!

You’ve heard our thoughts… We’d like to hear yours

The Schneider Downs Our Thoughts On blog exists to create a dialogue on issues that are important to organizations and individuals. While we enjoy sharing our ideas and insights, we’re especially interested in what you may have to say. If you have a question or a comment about this article – or any article from the Our Thoughts On blog – we hope you’ll share it with us. After all, a dialogue is an exchange of ideas, and we’d like to hear from you. Email us at contactSD@schneiderdowns.com.

Material discussed is meant for informational purposes only, and it is not to be construed as investment, tax, or legal advice. Please note that individual situations can vary. Therefore, this information should be relied upon when coordinated with individual professional advice.

© 2019 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

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