Verizon’s 2013 Data Breach Investigation report stated that 75% of these cyber-attacks were opportunity-based, with 78% of initial intrusions being deemed as low difficulty. Combine that with their most recent finding that, on average, 1,000 compromised records will cost an organization between $52,000 and $87,000, and it is easy to see why security continues to be a major concern in 2015.
Sadly, the Online Trust Alliance (OTA) found that over 90% of data breaches last year were preventable.
Maintaining a solid IT security strategy is essential for organizations of all sizes, but especially those in highly liable sectors. For nonprofits, security becomes even more pressing to maintain the trust and continued support of your donors, board members, and the communities in which you serve.
Eide Bailly’s Technology Consulting group has put together nine actionable steps a nonprofit can take to reduce its vulnerabilities.
What are you doing to protect data in your own organization?