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Blackbaud settles ransomware data breach investigations for $49.5M

Blackbaud, a provider of software for nonprofit fundraising, was hit with a ransomware attack in 2020, exposing sensitive data of healthcare organizations. In a settlement, the company agreed to improve data protection and cybersecurity and avoid making misleading statements. The incident highlights the vulnerability of healthcare organizations to third-party vendor attacks, prompting calls for increased government protection. CEO Mike Gianoni emphasized the company’s commitment to prioritizing customer privacy and cybersecurity.

Source: www.healthcareitnews.com –

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