Cloud provider Blackbaud pays the price for hiding ransomware

Cloud software company Blackbaud has agreed to pay a $3 million settlement for misleading disclosures about a ransomware attack that happened nearly three years ago in May 2020.

A public company that provides donor data management software to nonprofits and educational institutions has collapsed, until now (opens in a new tab)to reveal a ransomware attack of which he was aware at the time.

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