Cloud computing vendor Blackbaud has been slapped with a $3 million civil penalty by the Securities and Exchange Commission (SEC) for making misleading disclosures about a 2020 ransomware attack that impacted more than 13,000 customers.According to a statement from the SEC, the South Carolina-based Blackbaud was not forthcoming about the extent of the data-extortion malware attack and left out material information about the scope of the incident.
#information #successfully #law-enforcement #south-carolina #ransomware-attack #sensitive-information
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