Nonprofit Risk Management Center - Data Privacy and Cyber Liability - What You Don't Know Puts Your Mission at Risk
Description
This resource is an article titled Data Privacy and Cyber Liability: What You Don't Know Puts Your Mission at Risk written by Erin Gloeckner and Melanie Lockwood Herman. It is published on the NRMC website. The article discusses the potential risks that nonprofits face regarding data privacy and cyber liability. It highlights the importance of protecting sensitive data and the potential consequences of a data breach. The authors draw attention to the fact that data breaches are not limited to for-profit companies and government entities, but also affect nonprofits. The article raises a thought-provoking question about the impact of a data breach on donor trust. It suggests that if a long-time donor discovers that their credit card details, provided to a nonprofit for a donation, have been compromised by a hacker, it may lead to a loss of trust in the organization. While the article does not provide specific solutions or strategies, it serves as a reminder for nonprofits to be proactive in safeguarding sensitive data. By highlighting the potential risks and consequences, it encourages organizations to prioritize data privacy and cyber liability measures. Overall, this article aims to raise awareness among nonprofits about the importance of data privacy and cyber liability. It serves as a starting point for organizations to consider their own data protection practices and take appropriate steps to mitigate risks.
