Blackbaud Settles with FTC Over 2020 Data Breach, Agrees to Overhaul Security Practices
The settlement follows a significant breach that exposed millions of consumers' sensitive data, highlighting the need for robust cybersecurity measures.
- Blackbaud, an education technology company, has reached a settlement with the U.S. Federal Trade Commission (FTC) over a 2020 data breach that exposed the personal data of millions.
- The FTC criticized Blackbaud for inadequate security measures and misleading statements about the breach's severity.
- As part of the settlement, Blackbaud commits to deleting unnecessary data and implementing comprehensive cybersecurity improvements.
- The breach involved sensitive information such as Social Security numbers, bank account details, and medical data.
- This settlement underscores the importance of companies maintaining strong cybersecurity practices and responsibly managing consumer data.