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Why Cybersecurity is Vital to your Non-profit Organization
Just like modern enterprises, non-profits rely heavily on digital technologies such as the internet, cloud computing, and smartphones. But unlike most organizations, non-profits fall far behind in implementing the much-needed cybersecurity solutions to protect their digital assets.
Non-profits are equally as vulnerable to cyberattacks as profitable businesses. In fact, non-profits may actually be more at risk of cybercrime since most of them lack sophisticated cybersecurity technologies and don’t enforce strict security policies. Furthermore, non-profit organizations handle large volumes of sensitive personal and corporate data, making them attractive marks for supply chain, ransomware, and data breach exploits.
A survey conducted by NTEN puts the scope of this problem into perspective. In the survey, only 20.5 percent of the respondents had documented policies for handling cyber incidents. Nearly 60 percent did not provide cybersecurity training to their staff, and only a fraction of non-profits had data backup systems and multifactor authentication in place.