How does a large NFP operate from a cyber risk perspective? Justin Flower from InfoTrust sits down with the Salvation Army’s executive manager of cybersecurity to find out.
A recent survey by CohenReznick showed 69 per cent of not for profits do not even have a cybersecurity response plan in place, while other research confirmed that a fifth of charities had come under cyber attack in the last 12 months.
The repercussions of even one breach can cause catastrophe for not for profits, which executive manager of cybersecurity Lachlan McGill, from The Salvation Army Australia, knows very well.
To give just one example from hundreds, in 2017, Save the Children was scammed through fake emails by a hacker posing as a staff member, losing US$997,400 to a fraudulent business in Japan.
Since COVID-19 hit we’ve seen a huge spike in cybercrime and charities are particularly vulnerable due to lower cyber awareness, particularly smaller charities. Phishing and malicious emails remain the most common form of attack on not for profits, however hacking and extortion is also a cause for concern.
As a cyber security…
