Credit score: Blackbaud
Blackbaud, a supplier of software program for powering social impression, introduced a settlement with the U.S. Federal Commerce Fee (the “FTC”) associated to its 2020 safety incident. When finalized, this settlement will absolutely resolve the beforehand disclosed matter with the FTC.
“We’re happy to resolve this matter with the FTC,” stated Mike Gianoni, president and CEO, Blackbaud. “Defending our clients’ and their constituents’ privateness will all the time be of paramount significance to Blackbaud, and we proceed to strengthen our cybersecurity and compliance packages with the aim of enhancing our resilience in an ever-changing risk panorama.”
Blackbaud has not been fined by the FTC and isn’t in any other case required to make any fee as a part of this settlement. In coming into into this settlement, Blackbaud has neither admitted nor denied any of the allegations made by the FTC, whether or not within the FTC’s criticism or its related press launch. Further particulars may be present in Blackbaud’s Kind 8-Ok filed at the moment with the Securities and Trade Fee.
The previous press launch was supplied by an organization unaffiliated with NonProfit PRO. The views expressed inside don’t instantly mirror the ideas or opinions of the employees of NonProfit PRO.