Blackbaud To Pay SEC $3M Over Ransomware Disclosures

By Hailey Konnath (March 9, 2023, 11:01 PM EST) — Blackbaud Inc. has agreed to pay $3 million to resolve the U.S. Securities and Exchange Commission’s allegations that the cloud-computing company crafted misleading disclosures about the massive ransomware attack that affected thousands of its customers in 2020, the SEC announced Thursday….

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