AG Henry Announces $49.5 Million Multistate Settlement with …

Oct 5, 2023 · HARRISBURG — Attorney General Henry announced that Pennsylvania joined 49 other Attorneys General in a settlement with software company, Blackbaud, for its flawed …

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AG Henry Announces $49.5 Million Multistate Settlement With …

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Oct 5, 2023 · HARRISBURG — Attorney General Henry announced that Pennsylvania joined 49 other Attorneys General in a settlement with software company, Blackbaud, for its flawed …

attorneygeneral.gov

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Blackbaud Settles Ransomware Data Breach Investigations For $49.5M

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Oct 9, 2023 · The software services provider to nonprofits announced it has agreed to pay 49 states and the District of Columbia this month to resolve investigations into a 2020 ... In the …

healthcareitnews.com

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Nonprofit Service Provider Blackbaud Settles Data Breach Case For …

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Oct 5, 2023 · The fundraising software company Blackbaud agreed Thursday to pay $49.5 million to settle claims brought by the attorneys general of 49 states and Washington, D.C., related to …

seattletimes.com

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Blackbaud Settles For Ransomware And HIPAA Breach - National …

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Oct 12, 2023 · Last week, 49 state attorneys general announced a $49.5 million settlement with Blackbaud, Inc. (Blackbaud) over the software company’s data-security practices and its …

natlawreview.com

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$49.5 Million Settlement Reached From Data Breach - Fox 59

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Oct 5, 2023 · INDIANAPOLIS — Attorney General Todd Rokita announced a $49.5 million multistate settlement with software company Blackbaud, Thursday. ... Blackbaud has agreed …

fox59.com

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Blackbaud To Pay $6.75M To Resolve California Data Breach Claims

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Jun 28, 2024 · Blackbaud data breach settlement overview: Who: Blackbaud Inc. agreed to pay $49.5 million to a total of 49 states and the District of Columbia to resolve 2020 data breach …

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Blackbaud To Pay Millions To Settle With 49 States, D.C.

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Jul 16, 2020 · Software giant Blackbaud has agreed to pay $49.5 million to settle investigations by 49 states and the District of Columbia regarding a May 2020 data breach that impacted more …

thenonprofittimes.com

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Software Company Reaches $49.5M Settlement With US Attorneys …

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Oct 6, 2023 · Software company Blackbaud announced it reached a USD49.5 million settlement with 49 U.S. states and the District of Columbia over a 2020 data breach that exposed millions …

iapp.org

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Attorney General Raoul Announces $49.5 Million Multistate …

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Oct 9, 2023 · Attorney General Kwame Raoul announced that Illinois, along with 49 other attorneys general, has reached a settlement with software company Blackbaud concerning its …

madisonrecord.com

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Blackbaud (BLKB) Reaches Settlement With States, To Pay $49.5M

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Oct 6, 2023 · Blackbaud BLKB recently announced that it has reached a settlement with 49 state Attorneys General and the District of Columbia pertaining to its 2020 security breach incident.. …

yahoo.com

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$49.5M Might Not Be Enough: Blackbaud Resolved Claims, But C.

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Oct 6, 2023 · A software company now owes multiple governments $49.5 million for a 2020 data breach, but a consumer class action still looms. Blackbaud Inc. reached an agreement with 49 …

law.com

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Mastercard Agrees To $26 Mln Settlement In Pay Bias Lawsuit

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1 day ago · Mastercard has agreed to pay $26 million and audit its employment practices to settle claims that it systematically underpaid an estimated 7,500 female, Black, and Hispanic …

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FAQs about AG Henry Announces $49.5 Million Multistate Settlement with … Coupon?

Does Blackbaud have a data security agreement?

Blackbaud agreed to strengthen its data security practices, improve customer notification in the event of another breach and to have an outside party assess its compliance with the terms of the settlement for seven years, the settlement said. The company did not admit any wrongdoing under the terms of the agreement. ...

What happened to Blackbaud?

Blackbaud, which offers software for fundraising and data management to nonprofits, first publicly acknowledged that an outside actor had gained access to its data on July 16, 2020, but downplayed the extent and sensitivity of the information that had been stolen, the attorneys general said. Over a million files were exposed in the breach. ...

Will Blackbaud's settlement affect its guidance for 2023?

However, uncertainty prevailing over global macroeconomic conditions and unfavorable foreign currency movement are likely to weigh down on its performance in the near term. Leveraged balance sheet and stiff competition are added concerns. Blackbaud (BLKB) noted that the settlement will not have any effect on its guidance for 2023. ...

Is Blackbaud a good company?

Blackbaud is a cloud software company that offers a full spectrum of cloud-based and on-premise software solutions, and related services for organizations of all sizes, especially social good organizations. It continues to invest heavily in cloud-based applications and software, which is expected to bolster long-term growth. ...

Is Blackbaud a contingent liability?

The amount is fully accrued as a contingent liability in the company's financial statements as of Jun 30, 2023. Blackbaud further added that it was constantly bolstering its cybersecurity infrastructure to safeguard data amid a rapidly evolving threat scenario. ...